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: B Hewson who wrote (544)	8/15/1997 9:45:00 AM
From: Arthur Tang	of 1911

AMES had bad business habits fron bankruptcy. The formula of their business model can not attract more customers in their area. They keep on buying bankruptcy stores from court at a high price. So, AMES constantly consolidates. Now they are refocusing on "limited upscaling" to attract better clients. This strategy is just beginning to take hold. The gross margin is better. With this new formula of business model executed along with their successful golden55 clients, AMES can expand again for more revenue and earnings. It took over a year already to try out the limited upscaling. So, it may take some more time to fight for market share from Caldor, Bradlee, etc. Stock price should be $20, but due to inconsistant earnings, AMES is being punished.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next