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Microcap & Penny Stocks : Ames Department Stores (AMES)
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To: B Hewson who wrote (640)9/30/1997 9:00:00 PM
From: Arthur Tang   of 1911
 
Straight discounters all have troubles and can not get out of it. Not enough margin. Merchandising is everything, you have the goods people will come. To sell the same merchandise every store has, then you get squeezed on profits.

AMES, we are on the watch. Customers increased when they used banners. Bet they will go back to it.
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