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Non-Tech
Cityscape Financial (CTYS)
An SI Board Since June 1997
Posts SubjectMarks Bans Symbol
2544 6 0 CTYS
Emcee:  Nutty Buddy Type:  Unmoderated
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1644 Sounds like a WHOPPER to me, I'm so hungry I think I will buy some more on NicholasC-11/14/1997
1643 Charles or anyone: Has Grosser given up his stock holding (or a part of it)? Rational-11/14/1997
1642 Nicholas, IMHO I think youre right. Lets see...Conversion wont be a problem uBruce A. Thompson-11/14/1997
1641 <i>Debt and bonds go on the liability side but all stock (preferred or coPloni-11/14/1997
1640 Zeev: There were some restrictions, about 30% could be converted by Dec 15 (?).Rational-11/14/1997
1639 Yes it might have been and I was waiting my turn to ask them what they thought NicholasC-11/14/1997
1638 Sankar, my target was sub 2 around March, I have sub 2 now, and I may step to tZeev Hed-11/14/1997
1637 Charles, the preferred are already book value, the only remaining question is hZeev Hed-11/14/1997
1636 Zeev: It seems, Series A converted as many as they needed to cover their short Rational-11/14/1997
1635 Zeev: The stock closed about 1/4 up. This could be mainly because a lot of neRational-11/14/1997
1634 Zeev, Meanwhile as the stock plummets their brotherinlaw (the class action attBruce A. Thompson-11/14/1997
1633 The holders of the Series B won't be able to convert of their own volition Ploni-11/14/1997
1632 Bruce, when they go after floorless preferred they have a win win situation, fiZeev Hed-11/14/1997
1631 Steve, thanks, this means that the series A converted at an average of $4.15 peZeev Hed-11/14/1997
1630 Zeev, Earlier in the string, someone said that $75MM would take out the converBruce A. Thompson-11/14/1997
1629 Bruce, it was actually aound $100 MM increase in stockholders equity when they Zeev Hed-11/14/1997
1628 Zeev, Ok, forgive me, I'm new to this side of the business. How much of thBruce A. Thompson-11/14/1997
1627 On conversion (from the press release): "As of November 7, 1997, there wesjemmeri-11/14/1997
1626 Bruce, you are right, but do not forget that they ahv already booked the profitZeev Hed-11/14/1997
1625 Charles: <i> Is this an accurate review? Do you feel that the company miRational-11/14/1997
1624 Sankar, When they offer the portfolio, companies send in underwriting teams to Bruce A. Thompson-11/14/1997
1623 Sankar, I don't have the patience to go back through 1,000 posts, but it sPloni-11/14/1997
1622 <i>... I believe at this stage , if they say something optimistic, they&#Rational-11/14/1997
1621 Zeev: Yes, they said approximately $50 mil (A+B) as remaining. I did not writRational-11/14/1997
1620 Zeev yours #1617, I may be sentimental, but I believe at this stage , if they Bruce A. Thompson-11/14/1997
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