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Non-Tech : Amresco [AMMB]

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To: TraderGreg who wrote (97)6/10/1999 11:40:00 AM
From: Stephen L   of 218
 
I have a small position I picked up back in Oct for $2.5. I don't think we will see that number again. You have seen the press release that goldman is trying to figure out what to do with the company. Someone mentioned that they turned down a bid in the $8 to$11 range a few months ago. I suspect we are now seeing the confluence of No News, Higher Interest rates hitting all fin-services and everyone focused on the broad indices. If I had cash I might buy more. Just my thougths.
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