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 (1669)	11/17/1997 5:06:00 PM
From: bsl113	Read Replies (2) \| Respond to of 2544

Sankar and everyone else, I just bought in today, 1000 at 1 7/8... I tried many times to get a lower price but they just wouldn't give. Everyone here obviously has been doing their research. I admit I don't fully understand all the elements surrounding this company and I am aware this particular buy is a big risk (one I am willing to take though). I am just a undergrad Finance & Economics student... It is my opinion that this company is sick in a season when cures for illnesses are effective... It is likely that they will have to pay some retribution for their shady loans but that the courts will not push to eliminate a a once good company. At the present time the economy could never be better for CTYS's re-emergence from court (whatever the outcome). Mortage rates are at a two year low and inflation is at a remarkable low. Furthermore, the economies productive capacity just keeps on rising. The demand for home purchases is also on the rise. In the end, this means that there are many people looking for loans (demand is high) that can afford them because of low interest rates. Lenders can afford to give the loans at low rates based on low expected inflation and a booming economy that ensures they can continually sell this stuff. This is just my stab at the situation... I enjoy reading everyone's research. Thanks and Good Luck Everyone! Bryan