Anyone following Capstead (CMO)?? Message Board

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

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To: Dawgfool who wrote (152)	12/11/1998 11:33:00 AM
From: James F. Hopkins	Read Replies (1) of 216

It can take time, but I noticed last year even after the market sell off, that cos did not stay below cash level for 3 mos I keep it simple she is a cash play. I'm not talking book, but cash and she should be cash rich when this is over to the tune of 6M. or $10 a share. Naturally the arbitrage traders will try to get her as cheap as they can, & the last 5 days of volume should have tipped any one off as to the accumulation. Jim

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