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

To: James F. Hopkins who wrote (185)12/18/1998 11:47:00 AM
From: Dawgfool  Respond to of 216
 
Got it Thanks



To: James F. Hopkins who wrote (185)1/4/1999 5:27:00 PM
From: Dawgfool  Read Replies (2) | Respond to of 216
 
Jim, I'm sure you saw the GMAC closing press release along with acknowledgement that they purchased 1 million shares. This absolutely looks like a lock to me to go to 7-8. Of their $500 million in available cash, they can buy shares all day long and actually increase book value of remaining shares. I am hard pressed to understand how you lose. There must be a way to lose. Do you know what it is?


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