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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Jerry Gogol who wrote (1618)5/17/2000 7:45:00 AM
From: Arthur Tang  Read Replies (1) of 1911
 
Technically AMES has began to recover. breakout then level up slightly to build a base. When Father's day brings back business then we can expect this stock to trade at its fundamental value.

This of course means AMES has to do some advertizing instead of resting on their brand recognition.

Bradlees has been adaptive in 2-day sales to Thursday and Friday weekly when needed from Saturday and Sunday; traffic has not slacked because of these in store promotions. Overnight replenishment team was hired. Stock is plenty; while AMES was asleep on the wheel.

Bradlees has become AMES' major competitor, locally. Kmart is not a competitor of significance.
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