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

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To: Rick Kunz who wrote (80)7/25/1998 7:12:00 AM
From: Wallace Rivers  Read Replies (1) of 216
 
Amazing - this from a company I had such high respect for, and confidence in.
I suspect you probably will see the few yield players left in this stock exit Monday. However, suspending the dividend is probably the prudent thing to do, to shore up the diminished equity base. And, some vultures may circle on Monday to buy shares trading well below book.
I am always suspect when a company announces after the close on Friday, which CMO did. Executives can run from the building, go home, lock their doors and take the phone off the hook, and hide.
I want to know who was buying in quantity (Several multiple thousand blocks) in the last hour Friday.
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