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Strategies & Market Trends : Anyone following Capstead (CMO)??
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To: Labrador who wrote (83)7/25/1998 3:02:00 PM
From: R Sandvig  Read Replies (2) of 216
 
And dont forget, they did beat the estimates ($.35) with their $.43 of operating earnings.

I still find it hard to believe they cancelled the dividend. This was a stock for people who wanted income. So now it has become a "growth" company. Hah, what a joke. I would submit that management DOES NOT KNOW what to do with the money as they have demonstrated too many times now. They should give it to the shareholders. There are too many companies that pay a nice return without all this crap. If they refuse to pay a dividend, maybe they should think about buying some shares in those companies where the dividend is secure.
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