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Non-Tech : Cityscape Financial (CTYS)

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To: Rational who wrote (1409)	10/25/1997 5:41:00 PM
From: Ray Dopkins	Read Replies (2) of 2544

>>I did not quite understand if you believe that CTYS will go to Chapter 11 or that >>it will be cleaned up by BS. If there is integrity in the loan portfolio, I'm confident BS will clean things up without delay. Also, you can be sure M. Price will be instrumental in any turnaround. >>It is not really important if we guess one way or the other. Well, it is if one is considering going long on the equity side. I've yet to do it, but this is one I'd like to play from the debt side of the balance sheet-- in other words-- buy the bonds. Ray

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