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

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To: Wallace Rivers who wrote (82)7/25/1998 11:47:00 AM
From: Labrador  Read Replies (1) of 216
 
Book value is around 8.75 per the release. Operating earnings was over 40 cents for the quarter.

Will the stock really trade down on Monday. I thought up since now the balance sheet is cleaned up, I/Os are gone and already trading at 70% of book value.

I think that there may be a few sellers on Monday, but I think that the quarter's trend will be up from here. Back to book value
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