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: Bruce A. Thompson who wrote (1642)	11/14/1997 5:41:00 PM
From: NicholasC	Respond to of 2544

Sounds like a WHOPPER to me, I'm so hungry I think I will buy some more on Monday to satisfy this desire of mine to double or triple my investtment. :-) NC

To: Bruce A. Thompson who wrote (1642)	11/14/1997 5:45:00 PM
From: Ploni	Read Replies (1) \| Respond to of 2544

...if they can have two quarters of last 3 years avg quarterly earnings the stock should be high enough that half of the class participants would be "in the money" and therefore out of the class Bruce, I'm a long, so I hope that your optimism will pan out. However, I don't think the lawsuits are going away. People sold and locked-in losses. Even if the longs who are holding on break-even or make a profit, there's still the matter of the trauma that we were subjected to: sleepless nights, ulcers, etc. As far as earnings being as high as the last 3 years average quarterly earnings -- I don't know what that number is, offhand. I guess "earnings" had been growing significantly, so that may be possible. However, earnings won't approach recent levels, because the company has sold some of their income-producing portfolios, and are talking about selling whole-loans. It was discussed a couple of weeks ago (perhaps by Sankar?) that this action would generate liquidity, but hurt profitability. In any case, I'd like to be optimistic -- losing money isn't my idea of fun. - Chas.