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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Market Tracker who wrote (746)11/3/1997 2:44:00 PM
From: Arthur Tang  Read Replies (1) of 1911
 
Thank you, Gary.

You sounded like a stockholder. Just returned from Natick Ames store. Toy sale banner is on. Store help can not keep up the restocking. Toy stock has been rummaged and has not been straightened out. Outerware sale has not been restocked yet. Management is dumping them out at 25% off; some coats had lost their price tags. Customers keep on coming; parking lot is always 50% full.

My estimate of earnings will be revised, before AMES comes out with theirs. I am looking at $0.34/share, because of the prices that AMES had been able to move, in their limited upscaling operation.
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