Ames Department Stores (AMES) Message Board

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Microcap & Penny Stocks : Ames Department Stores (AMES)

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To: Texas77 who wrote (1401)	10/7/1998 6:31:00 PM
From: Market Tracker	Read Replies (1) of 1911

Dave, my guess is the market will be more concerned with the September same store sales numbers reported around 8:30 tomorrow morning. The 4-star recommendation from S&P probably won't hurt AMES, and may just call investor attention to how under-valued AMES really is. At some point in time money will actually begin flowing back into stocks as there are some significant value plays now developing, of which AMES is one. I'll be watching the overseas markets this evening, particularly the Nikkei 225 for some hints at what the U.S. markets might expect tomorrow. I can't say if we will gap up on the S&P recommendation, but AMES' sales report [if good] should make something happen to the stock. MT

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