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Non-Tech : Cityscape Financial (CTYS)

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To: LAWREAL who wrote (1160)10/21/1997 10:14:00 AM
From: Crossy  Read Replies (1) of 2544
 
Lawreal,
IMHO floorless debenturaes are even worse than REG S. With REG S the dilution effect is KNOWN IN ADVANCE. With floorless construct it won't be. My current asessmnt on CTYS situation: it might get really hurt. Thanks to Zeev and Your all work to dig up facts I didn't enter. Saved me a lot of pain...
best wishes
CROSSY
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