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Non-Tech : Resource Bancshares Mortgage Group - RBMG -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (3)1/5/1998 9:15:00 AM
From: Wallace Rivers  Respond to of 11
 
Zeev:
Will look more deeply into this, as well as other matters.
Interest perked in REMI for two not deeply analytical reasons:
1) Placed on Raymond James Focus List, and followed by the person I feel is the firm's best, most intelligent, most shoot from the hip analyst.
2)A wave of mortgage refinancings could really be a shot in the arm for this co.

As I said before, I view the two ancillary businesses with some skepticism, as does this analyst (although he is certainly not negative on them).



To: Zeev Hed who wrote (3)1/6/1998 4:12:00 PM
From: Wallace Rivers  Read Replies (1) | Respond to of 11
 
Zeev:
FWIW, I pulled the trigger today and purchased REMI; Raymond James analyst made another comment today saying what he felt would unfold certainly will now with the bond so low (when he made the comment around 5.75%, falling at the close to 5.71%), namely a boom in refis which will benefit the company greatly.
Best, Wallace


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