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Non-Tech : Cityscape Financial (CTYS)
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To: blankmind who wrote (1244)10/22/1997 5:06:00 AM
From: Ray Dopkins  Read Replies (2) of 2544
 
>>-- NBR reported that CTYS was down on rumors that Michael Price was >>shorting the stock.

They reported a rumor sweeping the street that he was _selling_ not shorting the stock.

FWIW- He had big position in CTYS (See: Barrons Round Table)

>>And that CTYS has hired Bear Stearns to increase the value of the
>>company.

Later in the day, they report they had retained BS to advise them on strategic alternativess.

>>-- Like NBR indicated, much of the selling at this point is short >>selling.

There was no mention of this on NBR.

Ray
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