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Non-Tech : Cityscape Financial (CTYS)
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To: blankmind who wrote (1244)10/21/1997 9:05:00 PM
From: Rational  Read Replies (1) of 2544
 
Even at the risk of sounding stupid, may I ask what is "NBR" and what exactly was the news?

Michael Price lost a lot in this stock and is intimately familiar with CTYS' vulnerability. Long ago, I had a post telling that many of the WS guys who lost a lot were trying to short to recover their losses.
Given that Bear Stearns will be the official advisor, they can no longer be accused of colluding with CTYS management to rescue the stock.

Sankar
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