Resource Mortgage Capital, Inc (RMR - NYSE) Message Board

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Non-Tech : Resource Mortgage Capital, Inc (RMR - NYSE)

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To: charles chesnut who wrote (24)	1/10/1997 5:50:00 AM
From: Greg Gregoire	of 34

Good morning Charles. Well my recent move selling 4000 RMR at 28.50 was good up to now. I had 1/2 point profit on 1500 shares and better than a double on 2500. My own view is in total disagreement with Zack's. I do not see any significant rise in rates in the near term. As a matter of fact, my interpretation of indicators points to even possible reduction about midyear. Long Bond yields closer to 6.50% or even 6.25%. I will probably wait a few weeks before repurchasing RMR, but I will buy back on any further drop below 27. I still like RMR as much as I ever did! This was just a trading play. Keep in touch! Greg

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