Aames Financial (AAM) - Undervalued or what??? Message Board

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Non-Tech : Aames Financial (AAM) - Undervalued or what???

AAM 10.63

+0.3%

Nov 12 12:51 PM EST

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To: Gary Leger who wrote (251)	9/16/1997 11:41:00 PM
From: JAG2	of 510

TO: GARY LEGER - YOU DON'T KNOW WHAT YOUR TALKING ABOUT How many years have you spent in the home loan business. Aames business model is NOT in trouble. They have had the same model for 40 years. The news says they are starting to do 125% LOAN TO VALUE LOANS and this concerns analysits, because you are lending 25% more than what the house is worth. The analyst fail to realize that these are HUD-TITLE 1 Home Improvement Loans, guaranteed by the US government. If you have not been in the business arranging loans, you should not talk.

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