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Non-Tech : Aames Financial (AAM) - Undervalued or what???
AAM 10.64+0.4%Nov 14 9:30 AM EST

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To: John Liu who wrote (157)8/25/1997 2:44:00 AM
From: Gary Leger   of 510
 
John,

My guess is a selloff to about $18 if earnings are in line, much more if there are negaitive surprises. However, despite Julia's nice words about Aames"' great integrity etc., there are many critics who say they are aggressively taking future interest income in current periods and could have a big restatement of earnings if loans are paid off early. Any thoughts?
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