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Strategies & Market Trends : Analysis Class for Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (1186)	1/11/2001 5:06:11 PM
From: Arthur Tang	Read Replies (1) \| Respond to of 1471

Continue to analyze AMES? Recent, upswing of the fortunes of AMES stockholders is expected based on the severe pull back by market makers during the last year all year. 4 million shares were shorted and unable to be bought back at any price. Average price of the shorts were $22/share. So, as the price quoted will shoot up; the market makers(Herzog/Merrill Lynch) will still make plenty of money at this level. The fear last year was whether AMES will stay in business having the same fate as Bradlees. This year, observing the closing of Bradlees, the inventory is half gone since X'mas. The stores will be liquidated in another two weeks at most. The strength of consumer buying is very well illustrated here. The retail is definitely not weak. The problem is how to get customers to spend their surplus cash. Advertizing better, anyone? Watch retail and you may get some performance for your fund investment.