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Non-Tech
Resource Bancshares Mortgage Group - RBMG
An SI Board Since January 1998
Posts SubjectMarks Bans Symbol
11 0 0 REMI
Emcee:  Wallace Rivers Type:  Unmoderated
REMI is a small cap stock headquartered in Columbia, S.C. It very well may see significantly increased business due to lower interest rates, which may spur a boom in refinancings.
It also is/has entered the subprime lending market in a relatively small way, and the small ticket leasing business. Of course the sub prime busines (CTYS,MFN) has a much tarnished reputation, and this company's business in that sector, as well as its other ancillary businesses should be scrutinized closely.
That being said, this seems like an excellent company with a modest PE, with a primary business in the right place at the right time for this cycle.
Comments?
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11 Well, huge volume spike today w/ one block of about 1 MILLION shares. Maybe soWallace Rivers-3/26/1998
10 I bought in today. Looking for a fixed rate refi beneficiary with little prepayMark Allen-1/7/1998
9 I think it's starting to come under serious accumulation: it is starting tWallace Rivers-1/7/1998
8 I was long last year from 12 to about 19 and bought again a few months ago at 1Night Trader-1/7/1998
7 Good to hear another voice on this thread; are you long the stock? IMHO, I thiWallace Rivers-1/7/1998
6 If REMI sold at the same multiple of this years earnings as CCR, a similar thouNight Trader-1/7/1998
5 Zeev: FWIW, I pulled the trigger today and purchased REMI; Raymond James analyWallace Rivers-1/6/1998
4 Zeev: Will look more deeply into this, as well as other matters. Interest perkeWallace Rivers-1/5/1998
3 Wallace, have you had a chance to try and understand the implication of the recZeev Hed-1/5/1998
2 Thanks, Zeev; I know of your temporary banishment, and those who have seen yourWallace Rivers-1/5/1998
1 Wallace, I have not done a detailed look of REMI, I probably should send for thZeev Hed-1/4/1998
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