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


To: jmt who wrote (165)12/13/1998 12:50:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 216
 
Jmt; I didn't just fall off some cabbage truck, and sensed from your
first post you didn't like my numbers, so I just told you as nice
as I know how to do your own math, I'm really not into arguing my findings and don't give a hoot if you believe them or not.
Don't be asking me to do something you are to lazy to do, or just
hunting for some data to argue with, any one can do that,
post your own numbers if you want to, the gist of my statement
is if your short you better cover while you can. She is getting
legs. I'll stick by my cash level at the $9 a share mark give or
take some nitpicking amount. For me it's a cash play, book value
and earnings mean nothing to me.
What she will do with the cash is anybodies guess, but only the
insiders know, ( and they likely have not made up their minds yet )
but I'm sure they won't be tipping their hand
on SI, when they do, and if I did know for sure, I might post it as speculation and let others dig for themselves,
but I would never post it as fact.

The picture I have is you seem to be looking to argue with a
brick wall. <g> I'm not interested in that game.
I hate to sound so callous but I don't know how to put it any
better.
If you looked at any of my other post on other threads you would
know I sense warning signs and likely more down side to the
broad market, CMO is not the only thing I'm focused on.
If she does dip any more I'm raising cash to buy more,
I know the stock price has been manipulated but the shake out
is mostly over. Let her bust 5 and she will really roll.
Jim