SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Resource Mortgage Capital, Inc (RMR - NYSE)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: charles chesnut who wrote (18)12/30/1996 6:16:00 AM
From: Greg Gregoire   of 34
 
Hi Charles,
If Dominion Resources doesen't go bust, (which I don't think they will) RMR will have a continuing earnings growth for at least three more years. Dominion found the single home mortgage operation attractive enough to place an extremely high valuation on it when they purchased it. This new money is finding it's way into RMR"s mortagage portfolio, which will be approx 5 Billion. All of it in adjustable rate paper. Thomas Pott's and directors are going to do the same thing all over again with their newly started manufactured home division. A sale or takeover is definitely in their future, albeit a few years away. I recently told you that I had sold about a third of my RMR holdings for my year end portfolio adjustment. Strictly for tax purposes. I plan on replacing 50% of that on Jan 2. Ooops! No Space!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News