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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Arthur Tang who wrote (638)9/30/1997 8:10:00 PM
From: B Hewson   of 1911
 
I agree AMES is a fun place to shop and they are making progress. In our store, I see not very many shoppers but those who are there are buying lots and lingering to do more shopping. I live in NE where we have Jamesway, Caldor, Bradlees all in trouble. That AMES is doing well at all is impressive. I would never have bought stock if it was one of the other chains I mentioned. In some other markets competition may not be so tough. Hoping for a good Christmas for AMES. Comments about supermarkets are interesting. They certainly have stable revenues but manage to do OK.
Barbara
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