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

To: Bankceo who wrote (314)	11/27/1997 1:26:00 PM
From: Bill De	Respond to of 510

Even though I have been very negative on Aames' management lately because I believe they have done nothing (or can do nothing) to enhance shareholder value. I tend to agree with you. I noticed on Friday that even Cityscape and Green Tree were moving up. This is a sector that has been beat up pretty badly of late. If the sector turns, hopefully Aames will also. No thanks to management. It appears that a base is forming in the 12 to 13 range. The only thing which may slow Aames movement is the overhead supply. Lets see what happens in the next 5 trading days.

To: Bankceo who wrote (314)	12/3/1997 5:54:00 PM
From: Bill De	Read Replies (1) \| Respond to of 510

Well I guess it is obvious I do not see Aames hitting $20 a share for quite some time. This company has not been able to have two days with upward momentem. It will go up one day and down the next two or more. Management has done nothing to enhance stockholder value. Aames may stay in a trading mode of $12 to $13 for quite some time. The company just has nothing to offer investors. Thats why the price is staginent. I recently wrote a letter to management and the directors indicating my displeasure with their new direction. A few weeks ago I asked all to FAX management a note on regarding their inability to increase the stock price which is now trading at 50% of book value. If anybody would like to read the letter and get the addresses of management and the Board of Directors please let me know. Investors have no confidence in management. The fundamentals and technicals are good but nobody is interested. I would really like to see it move to it's November high and then on to $20. But it is not likely for quite some time if ever. Does anybody have any thoughts?? Does anybody want to contact management?? Let me know