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

To: John Pitera who wrote (204)	1/27/1999 4:27:00 PM
From: Wallace Rivers	Respond to of 216

You can place management's quiet mostly at the feet of the ambulance chas...(correction) I mean, er, lawyers.

To: John Pitera who wrote (204)	1/27/1999 11:38:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 216

John; If I had as many Lawyers looking at me as they do I would be sort of quite too. Actions will do more in their case than words. Getting the stock price back up "by surprise" instead of promises, would be my angle. Like I wouldn't say a thing about bringing back in dividends until it was a done deal. It needs some shock value to catch the shorts off guard. I haven't been looking at it much; as right now I'm just in limbo with her. I came in at 4-1/8 average and sold $5 calls for 1-1/6, so unless they take it down some I have nothing to gain by worrying with her until it gets close to time for the calls to expire. If by then she is still here I'll buy the calls back and sell more, but I expect she will get called from me. Wish I had waited a bit longer to sell the calls but oh well. Jim