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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Arthur Tang who wrote (1794)12/7/2000 1:31:01 PM
From: Richard Mazzarella  Read Replies (1) of 1911
 
Arthur, I'm beginning to buy back in because of the extremely low price. I will buy more as price continues to decrease. My major technical retail store adviser (wife) tells me that our local Ames are doing very well and they have been giving good service. I know that Ames will survive because of their model serving small communities where Walmart can't compete easily. Even with an economic slowdown, the fixed income customers of Ames will continue to buy at their local stores. The e-commerce challenge to brick and mortar retailing is minimized by stores like Ames. Free ISP is going belly up which adds to a competition improvement for local stores. I could go on and on, but I'm still looking to buy more. Juicing up interest in Ames at this time isn't in my interest. <VBG>
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