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Non-Tech : Cityscape Financial (CTYS) -- Ignore unavailable to you. Want to Upgrade?


To: kimberley who wrote (1191)10/21/1997 2:13:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 2544
 
Kim: Well, last Friday, a cyberfriend recommended this as a bargain due to the very low perceived PE. I studied it and got into trouble (are you short? do you have an agenda? you know the drill) when I stated that this stock is doomed to be under constant pressure until at least March of next year with a short term target below 4 and possibly below 1 once all the chicken have come toroost. I did not expect this massacre. Kim, you are trading this one at your own risk (don't you always? <VBG>). Of course there are going to be trading opportunities, but these will be DCB's and you could be left holding the bag.

Zeev