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Strategies & Market Trends : Anyone following Capstead (CMO)??

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To: Rick Kunz who wrote (76)7/24/1998 12:54:00 AM
From: R Sandvig  Read Replies (1) of 216
 
I dont understand your pity. Just because a company is being sued it doesnt meant there was any impropriety. All it means is the stock went down. I have seriously been considering adding more here also. I think this thing is way oversold.

I concur with the previous post re: recovery in a strike suit. At first I excitedly answered these letters from lawyers, but after several judgements where all I got was worthless paper (warrants mostly) I dont even bother to respond any more. Good luck to you but dont spend your settlement just yet.
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