Ames Department Stores (AMES) Message Board

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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Market Tracker who wrote (790)	11/20/1997 2:21:00 PM
From: Arthur Tang	Read Replies (1) of 1911

Thank you, Gary. AMES needs to watch their spending yet. Maybe Gotti will have to talk to their MIS dept. to find out the new computer investments and depreciation schedules. They may have to send the new computers back. Software is not perfect yet. AMES doesn't have much layaways that I have ever noticed. Layaways will come when they go more upscale. For AMES, credit and debit card business, both should be included in the new computer system. Any way when management got a little success, they forgot the earnings leverage on stock prices. When stock prices becomes good, they can buy the computers out right. and computer prices are still coming down. Wait!

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