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Non-Tech : Aames Financial (AAM) - Undervalued or what???
AAM 10.600.0%Nov 26 10:42 AM EST
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To: g.w. barnard who wrote (41)6/9/1997 2:39:00 PM
From: James Wang   of 510
 
gw:

The Fed has a 99% chance of raising rates next month. The financial sector will surely get hit since most stocks in that sector have very high valuations. However, in my opinion, AAM is in a safer position due to its low PE, which is at about half of most other stocks in the same business. And I believe $10-$11 is the bottom of this stock. If it ever goes back to that level, I will definitely add more.

As you said, this is a value play.

-- James
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