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: pcyhuang who wrote (1857)	12/18/1997 10:57:00 AM
From: Milk	Read Replies (1) \| Respond to of 2544

ALL FreeEDGAR Alert: CITYSCAPE FINANCIAL CORP has filed a Form 8-K with the United States Securities and Exchange Commission. Click on the following hyperlink to view this filing: freeedgar.com Please Note: The hyperlink for the filing may not retrieve the filing if the address extends to more than one line. If this should occur, please copy the full text of the address for the filing into the address box in your web browser. This message has been sent by an automated service that cannot respond to e-mail. Please send your correspondence to info@partes.com. Thank you for choosing FreeEDGAR. The FreeEDGAR Team ============================================== FreeEDGAR(sm) is a service of Partes Corporation. Please visit FreeEDGAR at freeedgar.com.

To: pcyhuang who wrote (1857)	12/18/1997 12:47:00 PM
From: Ploni	Read Replies (2) \| Respond to of 2544

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. Come on, Paul. Is the company near extinction, or not? If so, it doesn't matter what the convertible holders do. If they convert, they get worthless stock. If they don't convert, they keep their convertible preferred stock, which will also be worthless. On the other hand, if the company isn't near extinction, they can convert -- immediately now that delisting has been announced -- at 3/8, or 1/4, or 1/256, or whatever the stock settles at, and thus end up with 95% of the stock. The only good thing is that they will then fire all the managers, who will never work again anywere, except perhaps at an unsuspecting Burger King.