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Non-Tech : Cityscape Financial (CTYS)
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To: Zeev Hed who wrote (1488)10/31/1997 3:23:00 PM
From: Ploni  Read Replies (1) of 2544
 
Actual cash flow was negative, if memory serves to the tune of $93 MM over the last year, or about $3/share negative cash flow (depending on how many shares you assume).

Come on, Zeev, you have to be fair here. If the price is going to $0.0001/share, as you assume, the convertible shareholders will get half a trillion shares. So the negative cash flow on a per share basic is really negligible.
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