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Strategies & Market Trends : Laser Mortgage (LMM)

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To: E Golden who wrote (14)3/29/1999 2:43:00 PM
From: Labrador  Read Replies (1) of 24
 
Stock is slowly recovering -- I think that we will see $7 on liquidation or slightly more. Company is buying back shares. There are 20,000 shares bid at $5.125. Company is trying to buy back shares cheap, before they announce their next dividend. Hold on. Stock at a discount to book value of 30%. Primarily liquid securities left.
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