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Non-Tech : Cityscape Financial (CTYS)
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To: Wallace Rivers who wrote (1706)11/30/1997 1:01:00 PM
From: Bruce A. Thompson  Read Replies (1) of 2544
 
Wallace, Also, please do not forget that until the UK problem, the company was making plenty of money. They still are. The only people loosing their jobs are the people at the top. They still have a staff of over 800 trained capable loan processors and sales staff. They still have a network of thousands of Brokers and Bankers who send them hundreds of deals each month. My sources tell me that their US Sav-A-Deal closings in October were within 25 loans of a corporate record. IMHO, this is a short term setback.

Bruce
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