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Strategies & Market Trends : Anyone following Capstead (CMO)??
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To: James F. Hopkins who wrote (206)3/29/1999 5:07:00 PM
From: Wallace Rivers  Read Replies (2) of 216
 
Jim,
no posts here in a while, but here is a guess from me, and, as always, this is JMHO:
We will have a dividend declared in the ten cent quarterly range on declaration date (I believe April 22). Operating results will be better than most expect. What gives me this feeling? Some very basic, unsophisticated math, and some big block buys. Today we had one for 80,000 shares in the AM (this one pretty much took out all offer side stock at 5 1/8), had some in the 20-50 k range last week. Not pocket change.
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