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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: Rickey Lynn Wilson who wrote (201)8/26/1997 1:37:00 PM
From: hoopsville   of 510
 
Having traded near $24 yesterday, $25 would be too cheap. ACCI (car loans) just got a buyout bid about 40% higher than its pre-offer stock price. I will be happy with anything over $30 (even though I owned some of it at $40). We could get $40 if a public bidding war developed. I think the initial offer will be settled during the upcoming long Labor Day weekend. Meanwhile as long as talks continue and hope for takeover persists, stock price will hold at present levels IMHO.
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