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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Arthur Tang who wrote (582)9/9/1997 7:14:00 PM
From: kenny   of 1911
 
Arthur,

I have a question about the earnings. From my reasearch I noticed that Q1 Ames had earnings of -.28 Q2 +.31 . For Q3 they assume +.08 They also say that for the year the earnings will be $1.34. If this is correct Ames should have Q4 earnings of approxomitly $1.23. I understand Q4 is the strongest quarter because of the holidays, but is that reasonable. Also these figures are very diversified quarter to quarter? If this is correct, with the current rise in value with this time of year, I can't imagine it at the end of Q4! Is 40 dollars by year end possible, or will it take a little more time then that?

Thanks a lot!

Kenny
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