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Non-Tech : Cityscape Financial (CTYS)
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To: Rational who wrote (1635)11/14/1997 4:56:00 PM
From: Zeev Hed  Read Replies (1) of 2544
 
Sankar, my target was sub 2 around March, I have sub 2 now, and I may step to the plate late in Decemebr once all tax selling is exhausted. I think that the current value is actually a very good deal, it is pretty close to book under most rational scenarios that I can envisage. My only remaining problem is to assess the US and UK economies over the next year. I do not think the US is going into anything more than a mild slow down, no recession. I think that a collapse in H-K could have severe reverberations in the UK however.

Zeev
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