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Non-Tech : Aames Financial (AAM) - Undervalued or what???
AAM 10.63-0.1%Nov 17 2:50 PM EST

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To: Just My Opinion who wrote (182)8/25/1997 8:36:00 PM
From: Shane Venem   of 510
 
Ah, gee. AAm was up 8% at the closing bell. That lousy earnings report sure put a damper on my day. I know I'm not alone there. "Sell into the news" sure takes on added resonance on a day like this.
Where to from here? One thing for sure, if people want to dump it, it will gap down before the opening bell. The buyout/merger talks may help to hold the line, though. AAM has come out and confirmed that they're in merger talks. Check this link: biz.yahoo.com

I'd much rather see a decent cash offer than a stock swap.

-Shane
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