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Strategies & Market Trends : Anyone following Capstead (CMO)?? -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (88)	7/27/1998 3:30:00 PM
From: William A. Eydler	Respond to of 216

You say mistakes, boy, what an understatement! This company has allowed the value of their shares to drop from about 24 to approaching 5 bucks, About an 80% drop. I got into this company because of the dividend payments over the long term which would allow my holdings to grow over the next 10 to 20 years. My cost is about 15 per share. How the hell can anyone expect this management group to lead the company back. Were they totally blind to what was happening? Why weren't many more companies dropping like CMO, do we have the market cornered on crappy management????? While I don't agree with the lawsuits which will benefit the GREEDY lawyers this management group owes us an explanation in plain English and what their plans are for the turnaround. Many people who got into CMO for some dividend income, especially seniors lost a great deal due to this management group. They also owe us the time frame as to what they will do to turn it around, a time frame and when they expect dividends and the DRIP to be reinstated. MY GUESS IS THAT THEY DOIN'T HAVE THE BA--S TO TO DO ANY OF THAT. HEY CAPSTEAD BOARD OF DIRECTORS, SOME HEADS SHOULD FALL BECAUSE OF THIS!!!!!!