Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Arthur Tang who wrote (733)	10/25/1997 12:55:00 PM
From: Market Tracker	Read Replies (1) \| Respond to of 1911

Arthur, I'm willing to take a stab at it. I will estimate that 3-Q ending 10/31/97 earnings for AMES will come in at $0.07/share vs the $0.02 rer share reported a year earlier. The generally fair weather in the Northeast this past quarter, along with the death of Princess Diana may have altered people's shopping patterns a bit this quarter. Still, a 3+ X increase in quarter to quarter EPS is a sure sign of progress. I will still go out on a limb and say that Christmas sales will be 5-10% above the levels of last year, and should that prove to be the case I can see AMES earning $1.30 - $1.40 per share for the entire year. All the best, MT