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Non-Tech : Cityscape Financial (CTYS)
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To: Shane Stump who wrote (1437)10/27/1997 11:12:00 AM
From: Rational  Read Replies (1) of 2544
 
Shane and all,

There are many stable companies with Caa rated bonds. I would take the rating of B- as very excellent for as much as I have heard about CTYS. Further, this is a notch better than Moody's and issued after Moody's. Thus the S&P rating is a better signal, IMHO.

Sankar
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