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


To: LPasko who wrote (1803)12/14/1997 11:33:00 AM
From: Bruce A. Thompson  Respond to of 2544
 
LPASCO,
I'm not so much worried about the institutions as I am the converts. IMHO the debt/bondholders would get the portfolio, the attorneys would get the cash, anything left over would go to the preferred if they didn't already convert. If CTYS could find a way to redeem the preferred, this turkey would fly.

Bruce