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Non-Tech : Aames Financial (AAM) - Undervalued or what??? -- Ignore unavailable to you. Want to Upgrade?

To: Bill De who wrote (300)	11/13/1997 1:01:00 AM
From: JAG2	Read Replies (2) \| Respond to of 510

DOUBLE YOUR MONEY IN 6 MONTHS -.40 x 4 = 1.60 x 15PE = $24 Double your money in 6 months on Aames. The way I see it this stock is a steal. $.40 Qt Earnings x 4 Quarters ------- = 1.60 Yrly earnings x 15 PE ------- $ 24.00 PRICE Assuming a 15 PE which is on the low side, this stock should be selling at $24 soon. Earnings may even surpass .40. Analysts estimates are $2.00 for year ending 1998, so I am on the conservative side. If Aames does $2.00, with a 15 PE, the stock should be $30.