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Non-Tech : Cityscape Financial (CTYS)

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To: Rational who wrote (1395)10/25/1997 11:19:00 AM
From: Ray Dopkins  Read Replies (1) of 2544
 
>>Has anyone given a serious consideration to Chapter 11? I doubt
>>that this is a possibility because if this was the reason for BS
>>to move in, they can be sent to jail for not disclosing this
>>important material information.

Good point.

BTW- did you see the 15-7/8 point hit Spectrian (SPTC) took today?
Closed at 26-1/4 (-37.7%) Morgan Stanley, et al just did a
secondary about a month ago (8/15) at $45! <g>

I've got to believe once they get a good look at the integrity of the loan portfolio they'll goose CTYS post haste. <g>

Ray
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