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Non-Tech : Aames Financial (AAM) - Undervalued or what???
AAM 10.60-0.3%Nov 13 3:59 PM EST
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To: Bankceo who wrote (314)11/27/1997 1:26:00 PM
From: Bill De   of 510
 
Even though I have been very negative on Aames' management lately because I believe they have done nothing (or can do nothing) to enhance shareholder value. I tend to agree with you. I noticed on Friday that even Cityscape and Green Tree were moving up.

This is a sector that has been beat up pretty badly of late. If the sector turns, hopefully Aames will also. No thanks to management.

It appears that a base is forming in the 12 to 13 range. The only thing which may slow Aames movement is the overhead supply.

Lets see what happens in the next 5 trading days.
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