Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rational who wrote (1415)	10/25/1997 5:54:00 PM
From: Ray Dopkins	Read Replies (1) \| Respond to of 2544

>>Which broker sells the bonds? I trade through Schwab, but I believe their bond is closed until Monday. >>They are trading at $70 and can go to par soon -- Hmmm... 70 cents on the $1 (!) Also, isn't there a conversion feature? >>very little downside because as a senior claimholder, you can getyour face value Yes, that's why I think debt side is the most appropriate for CTYS. Look at all the money Cargil made buying the Stratosphere Tower bonds.....<g> by the time they were done, Grand Casinos didn't know what hit them. Ray