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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: AL Benz who wrote (431)11/18/1998 9:34:00 PM
From: Sinasi Ugraskan  Read Replies (2) of 510
 
This stock had another one of those rating downgrade which brought it down to very attractive buying range again. I would hope it stays down for a while for me to move some funds around.
I don't think any private investment fund would be willing to invest $100 MM if they didn't think this company would survive and make a turnaround. They are going to get their investment back many times over buying at this price in a few months from now.
Anyway I got in at 4 1/8 and still holding and will average down hopefully.
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