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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (21689)7/15/1998 11:54:00 PM
From: James F. Hopkins  Respond to of 94695
 
Bonnie; These mortgages thingys are not my bag, but TMA, RWT,
and CMO are all in the same bag playing the same game, and
need a spread on interest rates to make money.

Looking at their 10-Qs is a bit confusing, but CMO is not doing
any worse than the others, in fact I think a tad better, but it's
stock sure has got taken down a lot more.
If that's a sign of things to come I'd be worried holding
TMA or RWT, this sector looks like Asia.
Jim