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


To: Zeev Hed who wrote (1619)11/14/1997 1:53:00 PM
From: Rational  Respond to of 2544
 
Zeev: Yes, they said approximately $50 mil (A+B) as remaining. I did not write down the numbers and so I am stating a ball-park number from my recollection. The exuberance might partly be because most of the Series B are not yet eligible to convert. $2 is a fair price if the conditions are expected to improve. But, the way the Wall Street is treating the other subprime lenders today, I am still nervous.

Sankar