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


To: Shane Stump who wrote (1815)12/14/1997 3:12:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 2544
 
Shane, we actually discussed the accounting principle that allows the lenders to pocket (on the book) profits for the life of the loan as soon as they write the loan. This is why they had huge profits but negative cash flow. You are absolutely right about the other trio, and hopefully, someone will listen and not wait and hope for a bounce.

Is the expert everyone talking about Sankar? He has now recommended with a "very strong argument" that YHOO should be shorted at 50 two weeks ago, on the Mohan thread, when asked by Kelly if it was a good move I warned him against it and he listened, since then YHOO has gone to 61. Not that YHOO is not overpriced, but the pattern is so strong, why short a strong stock when there are so many weak one.On the same post to Kelly I recommended he shorts the semi equip, he would have dome fabulously if he did.

Zeev