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

To: Rational who wrote (1395)	10/25/1997 1:12:00 AM
From: Rational	Read Replies (3) \| Respond to of 2544

CITYSCAPE FIN CP Short Interest has not gone up much!! Oct 15: 4,840,487 Sep 15: 4,633,517 Change: 363,705 This means all the convertible preferred stockholders must have shorted before the price dropped below $10. Sankar

To: Rational who wrote (1395)	10/25/1997 11:19:00 AM
From: Ray Dopkins	Read Replies (1) \| Respond to of 2544

>>Has anyone given a serious consideration to Chapter 11? I doubt >>that this is a possibility because if this was the reason for BS >>to move in, they can be sent to jail for not disclosing this >>important material information. Good point. BTW- did you see the 15-7/8 point hit Spectrian (SPTC) took today? Closed at 26-1/4 (-37.7%) Morgan Stanley, et al just did a secondary about a month ago (8/15) at $45! <g> I've got to believe once they get a good look at the integrity of the loan portfolio they'll goose CTYS post haste. <g> Ray