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Non-Tech : Amresco [AMMB]
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To: Noel who wrote (16)10/20/1998 11:48:00 PM
From: Sandra   of 218
 
Noel,
Yes I saw that too...I am holding half of what I own for awhile <trading it too!> as I think it will see a good percentage gain from here. I feel they may be picking up some loans from falling competitors in the business.

This part of the report was very strong

>>>>> AMRESCO is currently in compliance with all its debt agreements. The company closed
a new senior bank facility on August 12, 1998. The committed facility provides for
draws up to $737.5 million. >>>>

When there credit rating improves I feel they will be very healthy again.

Sandra
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