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


To: Zeev Hed who wrote (1915)12/21/1997 11:45:00 PM
From: LPasko  Respond to of 2544
 
People following this sector may know of two other fiascos: United Companies (NYSE: UC) and Mego Mortgage (NASDAQ: MMGC). Of these two, UC and its 6.75% PRIDES preferred seems to have been knocked below reasonable value due to the stigma all these stocks now have attached to them. I especially favor the UC PRIDES for a strong comeback over the next 12 months. I am less optimistic about MMGC, but this also seems something of an overreaction--I will not, however, soon be adding to my greatly diminished MMGC position. I'd be interested in hearing other opinions on these two out of favor issues.