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

To: Shane Stump who wrote (1716)	12/5/1997 1:59:00 PM
From: Ploni	Read Replies (3) \| Respond to of 2544

The board has sort of died. Even Zeev has disappeared. He seemed to be gleefully talking the stock down, though he insisted that his modus operandi isn't to short, but rather to buy at an extreme low point, and hold on for the rebound. Maybe since it never broke below 1, he lost interest. I've been thinking of selling some for a tax loss, and then buying back in 31 days so it won't be a wash sale. However, I'm afraid that with my luck, the stock would explode upwards during that time. Any thoughts on the likelihood of that? I don't think this one is a terminal short, but I don't think it will go anywhere until it starts announcing good earnings, or a buyout. We know earnings aren't due for quite a while, but a buyout is always possible at any time.

To: Shane Stump who wrote (1716)	12/6/1997 9:44:00 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 2544

Shane, if you buy, what is your game plan? A quick tun to 2 or a home run to full health again? I have been patient and not jumped on this one as well (just lurking in the shadows after having fulfilled my "civil" duty of warning of the impending disaster). I am trying to find out what is wrong with this puppy, its paper keeps being downgraded by the grading agencies. Right now, I believe they are surviving on the fees from new loans generated. What happen if the economic climate changes? What if the long bond goes back up? What if we have a slow down in the economy? Anyone would want to venture some guess? Zeev