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

To: William Minich who wrote (1493)	10/31/1997 7:18:00 PM
From: Shane Stump	Respond to of 2544

I personally think it will be < 1 next week if earnings are bad. Based on the way CTYS is going, I expect them to post a loss for the following reasons: 1) Take a chargeoff for UK settlement (larger than previously mentioned), 2) UK black cloud will still NOT be dispelled. 3) Change in accounting practices (to be more accurate in earning statements). Please note these are just my opinions! Shane

To: William Minich who wrote (1493)	10/31/1997 9:18:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 2544

William, that is not very fair, feeding me "crow a lacarte". My forecast has come through completely, except it happened in a much more compressed time span than I foorecasted. Two weeks ago (or was it three), when the stock closed on FRiday at around 7, I was asked to look at it because of the low PE. After I studied it for few hours, I said that the stock will be under 4 by the end of the year and possibly under 2 by next march. Bith target were met. Why should I eat crow a la carte? Good luck with the optimistic views. Zeev