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

To: Terry Maynard who wrote (1856)	12/18/1997 9:16:00 AM
From: pcyhuang	Read Replies (3) \| Respond to of 2544

Conversion of the Preferred Convertible Stock Hi, Terry: Referring to your question about the potential dilution of coversion of the Prefereed Convertible Stock, the point is: Who would want to convert with the common at its current price, and near extinction? Until confidence in the company is restored, it would certainly be more advantageous to hold on to the Convertible Preferred, with its superior fixed investment yield. pcyh -- Huang Investment in Special Situations httpL//pronet.net.tw/pcyhuang pronet.com.tw