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: Greg who wrote (1436)	10/27/1997 10:32:00 AM
From: Shane Stump	Read Replies (1) \| Respond to of 2544

>> It basically means that S&P thinks Chapter 11 may be in the near future if CTYS can't get adequate / cheap financing. CTYS and FPFG are set to release earnings this week - if both have bad implications, the entire sector could be brutally punished . << There is more than opinion there. If you read S&P's and Moody's long reports on CTYS's business situation, they both point out that they are concerned about CTYS's liquity. I will quit posting warnings for people. I just don't want that many new people to get caught up in this one without understanding the downside (many of us got in it at $10 and used the same logic that is prevailing now - the next earnings report will hopefully answer a lot of the questions that have been dogging this stock for the last couple of weeks). Shane