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Non-Tech : Aames Financial (AAM) - Undervalued or what???
AAM 10.64+0.1%Nov 6 3:15 PM EST
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To: Laura E. who wrote (415)10/26/1998 8:41:00 AM
From: R.E.B.  Read Replies (1) of 510
 
Laura, I think it is the buy of the century. Unfortunately, with lower interest rates on the horizon and the fear that many lucrative loans will be refinanced before they're earnings can be realized has put pressure on this stock as well as FP and other sub-prime lenders. Also, do you know if AAM securitizes its loans? If so, their recovery may be slow.

I see them as a good buy-out candidate at this level.

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