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Bargain hunting.(Brief Article)

Dallas Business Journal

| June 30, 2000 | Cawley, Rusty | COPYRIGHT 1988 Dallas Business Journal. (Hide copyright information)Copyright

Amresco Inc.

(Nasdaq: AMMB)

Recent price: 59 cents

52-week range: $8.50 to 50 cents

Book value: $9.43 per share

Market cap: $28.9 million

About the company: Based in Dallas, Amresco is a diversified financial services company with three principal segments, which are commercial finance, asset management and home equity lending. For 1999, the company posted a loss per share of $4.61 on revenue of $429.9 million (down 8.9%).

News: Following an extensive review of its options, Amresco says it will keep its commercial-finance operations, which include conventional lending and SBA lending.

Upside: The 1998 …

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