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

To: Wallace Rivers who wrote (118)9/25/1998 2:51:00 PM
From: James F. Hopkins  Respond to of 216
 
These Types of Lawyers ( most of what I saw ) use the tactic in
a way to try and panic people. AS far as I'm concerned much of
what they said could put them in jeopardy.
I started to call CMO, but said what the hell, how could they know
I wasn't some sort of spy coming on with a story. So I figure
they need a canned reply to queries, hell if I was going to do
a buy back I already had approval for, I wouldn't go around
telling people ya..and shoot myself in the foot.
So interest rate cuts will help them, but nothing else in this
sector jump like CMO did, so there is more to it than that.
Jim



To: Wallace Rivers who wrote (118)9/25/1998 4:20:00 PM
From: Dawgfool  Respond to of 216
 
Wallace, buyback probably wouldn't be a good idea from shareholder suit stance without an announcement that they intended to do it. but thanks for pointing this out, I didn't realize. One quible however, these ambulance chasers don't really represent shareholders, they represent the formula for maximizing legal fees.


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