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Non-Tech : Aames Financial (AAM) - Undervalued or what???
AAM 10.63+0.3%Nov 5 1:30 PM EST

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To: Lennart Steiner who wrote (474)1/10/1999 8:45:00 PM
From: WEBNATURAL  Read Replies (1) of 510
 
Here is one of the last high bids messages...

To: +Rickey Lynn Wilson (201 )
From: +Tom Cooper
Tuesday, Aug 26 1997 1:36PM ET
Reply # of 475

Having traded near $24 yesterday, $25 would be too cheap. ACCI (car loans) just got
a buyout bid about 40% higher than its pre-offer stock price. I will be happy with
anything over $30 (even though I owned some of it at $40). We could get $40 if a
public bidding war developed. I think the initial offer will be settled during the upcoming
long Labor Day weekend. Meanwhile as long as talks continue and hope for takeover
persists, stock price will hold at present levels IMHO
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