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

To: Wallace Rivers who wrote (104)	8/26/1998 12:05:00 AM
From: James F. Hopkins	Respond to of 216

Wallace; Thanks for signal, I may not have looked <G> Man the volume was high today ! hmmmm some one knew the news was coming ? But that don't make sense as it would have popped the price, unless the specialist got bold this morning and shorted her down shaking out the last of the weak players , then accumulated all day long. This may have been the last shake out. Well with 700M equity and only a 1.53 market cap, I don't fell to bad. Looks like most of the shorts came out OK last month, as they covered & left only 1.73M out early August, and they have likely covered. So I don't think the shorts are going to push her up much, they played this like a violin, but I'm sure she will dig her way out of this hole in time. The market feeds on fear, and greed , but they didn't spook me <G> Kinda wish I had bought more today, shit I never looked at her till late or I likely would have. Jim