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


To: James F. Hopkins who wrote (106)8/26/1998 1:17:00 AM
From: James H  Read Replies (1) | Respond to of 216
 
Hard to tell what it might do. It has been such a dog that I don't know that anyone is going to touch it at this point. I might try to nibble at it tomorrow, but I refuse to overpay at this point. It has to come back a bunch to get me to even.

These lawsuits have become such a pain in the ass. I really wish our systems required losing litigants to pay damages to the winners, how quickly would someone sue if there was a liability involved? At least this would weed out the nuisance suits from the suits with legit grounds. I admit that CMO management haven't proven to be the sharpest tools in the shed, but I don't see evidence of pumping and dumping.

JSH