Ames Department Stores (AMES) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Ames Department Stores (AMES)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Richard Mazzarella who wrote (1876)	8/2/2001 7:24:02 AM
From: Arthur Tang	Read Replies (1) of 1911

I do monitor the Yahoo board on AMES. Yahoo boards are mostly employees and speculators of limited resources. Hyping the stock and trashing the stock could happen on the same day. Ames had made the stockholders aware of their cash position by additional financing, when they should have close relations with Generous Electric. This shows their desperation. But, the real situation is not yet desperate. As you know, the stores which will go for chapter 11, will purchase excessive inventory just before they file bankruptcy. Suppliers today, watch for that kind of activity, as a warning sign. Hopefully, it is just AMES way of preparing for back to school and X'mas business inventory needs. I am still holding my shares. My advice to AMES is, don't try to earn your profits, price the merchandise right and profit by it. Learn from AOL. Competition from Bradlees and Caldor is gone. Target and Walmart have their own middle class customers, and they don't have to price lower than AMES. Pricing lower than Target and Walmart will not take customers away from them. It is location , location and location.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next