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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 (220)8/28/1997 8:55:00 PM
From: Steve Pimpis   of 510
 
Now that I've gotten over my shock from Monday! If you look at what they've done they should be in good financial shape for 98' they cleared everything off the books in one fell sweep. No doubt that if there is no buyout the stock may move back to the 15 range (maybe). But long term this has been a good company, and well managed (some times the right thing to do isn't the most popular, especially short term). I'm really looking forward to seeing what the revised 98 eps estimates will be. I don't think that they will go down much. The institutions may stay with the stock as well.

I think a buyout is still likely but the management won't give the company away either.

I'm actually considering buying if it does drop further.
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