Ames Department Stores (AMES) Message Board

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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Richard Mazzarella who started this subject	8/27/2000 11:20:17 AM
From: cmg	of 1911

WASHINGTON (Dow Jones)--FMR Corp. lowered its stake in Ames Department Stores Inc. (AMES) to 6.2%, or 1,823,700 shares, according to an amended Schedule 13G filed Thursday with the Securities and Exchange Commission. In early May, FMR reported a 11.356% stake in Ames. FMR also reduced its stake in Ogden Corp. (OG) to 7.99%, or 3,964,050 shares, according to another amended Schedule 13G filed Thursday with the SEC. In February, FMR reported a 13% stake in Ogden. A Schedule 13G denotes passive investment in a company. Ames Department Stores is a discount retail chain based in Rocky Hill, Conn., that operates 455 stores in 19 states and the District of Columbia. New York-based Ogden is a holding company that owns and operates independent power projects and provides related infrastructure services worldwide. -Kevin Guerrero; Dow Jones Newswires/Federal Filings Business News; 202-628- 7667 (END) DOW JONES NEWS 08-24-00 07:32 PM

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