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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Arthur Tang who wrote (600)9/17/1997 2:45:00 PM
From: Arthur Tang   of 1911
 
Technically, double peaks and double bottoms means something to John Murphy at CNBC. If it breaks out, AMES will have another run. Short squeeze also can break out. Watch out.

Fundamentally. the company is in fine morale, working on $40 here we come.

AMES MIS dept wants to be the best, they can do a fantastic job on online E-commerce on each weeks' flyer items. If they can scan in the item and price, and let customer move them to a purchase order with credit card info. Then shipping from warehouses or stores would be a great business. A start to serve the whole country.
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