Undervalued Stocks = Low P/E to Growth Ratios Message Board

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Strategies & Market Trends : Undervalued Stocks = Low P/E to Growth Ratios

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To: Robert T. Quasius who wrote (111)	9/5/1997 11:37:00 AM
From: Mason Barge	of 297

Thanks for the post. The Zack's table was not legible -- did you used Fixed Font? I hope I got word out in time on CTYS- it's up about 10% today. I had a 15% rise last Fri in a stock I had bought the previous day (YORK), which makes for an interesting annualized rate of return figure on my accounting software. Cityscape also is doing a lot of 125% LTV lending, which caused a downgrade from S&P. It also had to up its reserves for its UK portfolio, which it showed as a current expense, artificially depressing current earnings. However, I may have sounded more cautious in my previous post than I actually feel. I think the analysts are wrong on this one as long as the economy stays strong and interest rates stay flat. I'm holding it and expecting 50% in four months from it. One or two earnings reports and I'm out.

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