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

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

AAM 10.64

0.0%

Nov 7 9:30 AM EST

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To: Bill De who wrote (341)	12/18/1997 3:31:00 PM
From: david wright	Read Replies (1) of 510

There is long term chart support around at 10.5. If it breaks this support than I would exit the position and wait till it establishes a new base. If I don't see significant write-offs or restatement of earnings for the next quarter and the base holds I would consider buying it back. My analysis is based on probability not on revealed truth. Aames is under momemtum selling pressure and end of year portfolio purging. If the story on earnings changes I'm out. I try not to get emotionally involved in this stuff.

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