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


To: Lennart Steiner who wrote (474)1/10/1999 8:18:00 PM
From: WEBNATURAL  Respond to of 510
 
I agree with you about the $30.00. That was from a while(years) ago. I answered about $30.00 for the previous thread who brought it up. Look back over a year ago. It's possible - not in the short run.
I do not have the financials to forecast for me - or any one else. I have heard from the ones that should know. They are on each Friday night and the first quarter - the rate will drop again or stay even with now. The second quarter is any body's guess, but probably, it will go up if business keeps expanding and borrowing. That would be a long term plus for AAM. How they treat the business and the profit(loss?) picture, quarter by quarter, will do it's thing to the price.
The end of this summer is a good time to see the $12 figure maturing.
Like you said... when the board members start making a positive difference - the faster it will go up. Just 'being there' will hold the line after this next report or even move us ahead.

You can only lose what is in it now on the bottom side. It always looks better on the 'upside' potential. Building time will soon be with us again. Demand is very important.

Let's hope for the beginning of a return to profits and higher stock value/price.

Go AAM!!!!!!!



To: Lennart Steiner who wrote (474)1/10/1999 8:45:00 PM
From: WEBNATURAL  Read Replies (1) | Respond to 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



To: Lennart Steiner who wrote (474)1/29/1999 8:30:00 PM
From: WEBNATURAL  Read Replies (1) | Respond to 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?