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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: Bill De who wrote (305)11/14/1997 5:55:00 PM
From: John  Read Replies (1) of 510
 
Come on, don't forget last quarters numbers. IMO, the worst is over and we are seeing some tax selling here. Aames made some mistakes and they are continuing to improve their performance. They just replaced key management postions and they are essentially up for sale. My estimate is they will go in the $28-35 range within 6 months.

Downside risk is small and upside potential is large. IMO, you always buy into a stock that many people hate for the moment. It's not easy to jump into the fire, but you can't win if you don't play the game!!!

Good luck.....John
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