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

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

AAM 10.56

-0.4%

Nov 3 12:22 PM EST

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To: Lennart Steiner who wrote (474)	1/29/1999 8:30:00 PM
From: WEBNATURAL	Read Replies (1) of 510

With this "approval, we should see an upwards movement. This concludes the deal with Capital Z from AAM's side in giving special preferred shares. How do you read this news release? As I understand the Company to Issue 75,000 Shares of Newly Designated Preferred Stock <<the New York Stock Exchange (the "Exchange") has agreed to permit the Company to issue 75, 000 shares of a newly designated preferred stock without having to seek shareholder approval. The Company will issue the stock pursuant to its previously announced agreement with Capital Z Financial Services Fund II, L.P., a $1.8 billion global private equity fund focused on the insurance, financial services and healthcare services industries, under which Capital Z will make an equity investment of up to $100 million in Aames.>> Today 361 trades were made and people seem to think that the company is a viable one that has future potential. Right?

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