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


To: Ray Dopkins who wrote (1408)10/25/1997 11:32:00 AM
From: Rational  Read Replies (1) | Respond to of 2544
 
Ray:

I've got to believe once they get a good look at the loan porfolio
they'll goose CTYS post haste.


By goosing, you mean burning CTYS alive! Bear Stearns has given a $300,000,000 warehousing loan and has at least 3.3 mil shares if they have not bought more recently.

I did not quite understand if you believe that CTYS will go to Chapter 11 or that it will be cleaned up by BS. It is not really important if we guess one way or the other.

Sankar