Amresco [AMMB] Message Board

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Non-Tech : Amresco [AMMB]

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To: leigh aulper who wrote (149)	10/11/1999 8:14:00 PM
From: TraderGreg	Read Replies (1) of 218

Good news indeed...coupled with the Moodys analysis from last week, I believe things may be turning around. Most impressive was that today's rise was done on modest volume. Of course, the YAHOO board has double digit buyouts and other hype; RB is the saner of the two. The SI AMMB thread has always been quiet. I'm looking for the obligatory upgrades once the analysts get their people in. Don't know the upside, but I never believed this was just a $2 stock last week and I still don't believe it's just a $3 stock this week. We are still at a major discount to book value, at least one suitor is interested, and if memory serves me correct, management turned down a buyout offer this year(after the big hit was already taken) at much higher prices than these. I just hope I'm right.<g> TG

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