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


To: lisa who wrote (1888)12/18/1997 9:02:00 PM
From: Ploni  Read Replies (2) | Respond to of 2544
 
Lisa,

I lost twice as much as you did on Cityscape, and had also been initially impressed by Sankar's high prospects for this stock.

I think it was Ze'ev whom you remember as predicting the stock would drop below 1, and saying he would buy then and make money on the rebound. But he decided that the drop came much too quickly, and didn't invest. It doesn't look as though there will be a rebound for Cityscape.

Don't give up hope on Osicom -- I think my holdings are far below yours, but as soon as it hits 10 I'll forget all about Cityscape.

- Charles



To: lisa who wrote (1888)12/18/1997 9:37:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 2544
 
lisa, I am the guilty person, I am afraid, but I usually would have said, It might be available under $1, I have not bought any since Bosco suggested this jewel at 7 as a "fantastic" deal since the PE is 3. One lesson we may want to learn, when a stock is selling at ridiculously low PE there might be a good reason for it.

Zeev