Cityscape Financial (CTYS) Message Board

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Non-Tech : Cityscape Financial (CTYS)

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To: Ploni who wrote (1332)	10/23/1997 1:05:00 PM
From: Bosco	Read Replies (1) of 2544

Charles - you sez "The suggestion has been made that we'll see a global hike in interest rates as a result of the Hong Kong market crash. Higher rates would benefit Cityscape." I am trying to understand this. Why a global hike in rates b/c of the HK stk mkt crash (correction, whatever?) And why would rate hike is good for CTYS, isn't that a subprime lender still belongs to the financial sector (and we know what happened in March 97!) I understand you hold CTYS. I genuinely feel bad for you and others - and I certainly hope you can even the score, but we should also be realistic. Sorry to be blunt rgds Bosco

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