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

To: Arthur Tang who wrote (1753)	10/17/2000 8:25:45 AM
From: Art Baeckel	Read Replies (1) \| Respond to of 1911

Ames Department Stores, Inc. Expands Chicagoland Presence to Ten; Two New Locations to Celebrate Grand Openings on October 19, 2000 Business Wire - October 16, 2000 12:43 ROCKY HILL, Conn.--(BUSINESS WIRE)--Oct. 16, 2000--Ames Department Stores, Inc. (NASDAQ: AMES) announced today it would celebrate the opening of two new Chicago area stores on October 19, 2000. A third grand opening celebration on the same day in Latham, New York, an Albany suburb, will bring the chain-wide number of stores to 479. One of the two new Chicago-area stores is one of the former Goldblatt's locations purchased by Ames earlier this year. Four of the former Goldblatt's stores opened earlier in September when the Company made its Chicagoland market entry. "So far, our entrance into the Chicago market has surpassed all our expectations," notes Ames' Chairman and Chief Executive Officer, Joseph R. Ettore. "The eight stores we opened just a month ago are among the chain's leaders. "The customers and communities in and around Chicago have really made us feel welcome," Ettore continued. "They have responded to our A+ customer service, our 55 Gold Program and really enjoy our Bargains by the Bagful(R)." Ames' newest Chicagoland stores are located at: -- 5630 West Belmont Avenue (Ward 38) -- Dolton Plaza, 1000 East Sibley Boulevard, Dolton, Illinois Ames will have more store openings in the Chicago area in March 2001 when it expects to open two additional Ames stores, one in Villa Park in the Northwest suburbs and another former Goldblatt's store on South Cicero Avenue in Chicago. Ames senior executives, store associates and local dignitaries will kick-off the Grand Opening Celebrations on Thursday, October 19, 2000, with a ribbon-cutting ceremony at 9:00 a.m. Special Grand Opening events include live musical entertainment, product samplings and demonstrations, costumed characters, giveaways and sweepstakes. These special events will continue through Saturday, October 21, 2000. With 479 stores located in 19 states and the District of Columbia, Ames is the nation's largest regional, full-line discount retailer with annual sales of $4 billion. Ames offers a broad range of merchandise categories including family apparel, housewares, domestics, electronics, ready-to-assemble and patio furniture, jewelry, craft and pet supplies, health and beauty care items, stationery, sporting goods, toys, seasonal products and more. To find the location of the Ames store nearest you, dial 1-800-SHOP-AMES. Visit us at amesstores.com or espanol.amesstores.com (in Spanish). CONTACT: Ames Department Stores, Inc. Mary McCabe Director, Corporate Communications 860/257-2590 mmccabe@ameshome.com or Ames Department Stores, Inc. Amy Romano Manager, Public Relations 860/257-5319 aromano@ameshome.com

To: Arthur Tang who wrote (1753)	10/17/2000 10:43:13 AM
From: Dan Duchardt	Read Replies (1) \| Respond to of 1911

Arthur, Herzog(Merrill Lynch) has not bought back yet. Their average cost of shorts are way above offers today(making money). So, unless there are local oversold condition a short squeeze is not likely. Where do you get the information on the holdings of Herzog(Merrill) or any other MM? From what I have learned, or been led to believed, this information is not something they divulge. Do you have a service that deduces this based on data from Nasdaq? Do you do it yourself somehow? Dan