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Non-Tech : Cityscape Financial (CTYS)

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To: Shane Stump who wrote (1716)12/6/1997 9:44:00 AM
From: Zeev Hed  Read Replies (2) of 2544
 
Shane, if you buy, what is your game plan? A quick tun to 2 or a home run to full health again? I have been patient and not jumped on this one as well (just lurking in the shadows after having fulfilled my "civil" duty of warning of the impending disaster). I am trying to find out what is wrong with this puppy, its paper keeps being downgraded by the grading agencies. Right now, I believe they are surviving on the fees from new loans generated. What happen if the economic climate changes?

What if the long bond goes back up?

What if we have a slow down in the economy?

Anyone would want to venture some guess?

Zeev
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