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Microcap & Penny Stocks : Ames Department Stores (AMES) -- Ignore unavailable to you. Want to Upgrade?

To: Market Tracker who wrote (1739)	10/4/2000 10:15:06 PM
From: Dan Duchardt	Respond to of 1911

Gary, Everybody talks about the weather, but nobody ever does anything about it. Well, even Joe has his limitations. LOL If the numbers are not so good tomorrow, weather is not going to explain it this time. It's been pretty nice in the Northeast of late. Nice to hear your expressions of confidence in the management, and certainly hope it will be rewarded. I started building my own position in the last couple of months. Just had to take some off the table on that run to 8, but have been accumulating some on the retrace. I'll add some tomorrow too if it slips enough. Would rather hear good news though. Dan

To: Market Tracker who wrote (1739)	10/5/2000 5:29:55 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 1911

Thank you, Gary for a timely response. September same store sales(SSSS) may be ok but not for Gap. Ames Home Sale catalog has just been received; I am impressed. E-commerce has to have money anchoring the site; that is why I suggested large organizations and their members, by advertizing in their house organs. There is no magic to the e-business. You pull the money in(not lurkers); and you deliver at the store layaway window or customer service desk. It is pretty much a catalog sales business(total market $65 billion). Walmart website is run by amateurs(in Waltham, Mass if I am correct) unless the former Gap(e-commerce was only $100 million) president has not gotten it run right yet. AMES will be alright with the merchandise selections they are running with the Home Sale catalog. It is upscale at bargain bagsful prices. AMESMED.com has to have a nice catalog and presented on the site as such. Regarding general market conditions, Oct 17 always(each year) give us headache going back to 1987. Cash squeeze due to pull backs forced the issue. After labor day, market tends to get pushed up for the fall. This year much money will be on the side line, in anticipation of bottoming out on tech stocks. After all, the famous European three month vacation(is that the same as bad weather?) is over. And X'mas is here.