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

To: Paul A who wrote (752)	11/5/1997 12:49:00 AM
From: Dennis C	Respond to of 1911

Here is msg. I copied from AOL: Subject: Re: earnings Date: Tue, Nov 4, 1997 20:55 From: WinnerSBW Message-id: <19971104205501.PAA27239@ladder01.news.aol.com> Hello everyone. Take a look at todays " First Call Earnings " for Ames. The analysts have once again moved the estimates up for this past quarter and for FY 98 and 99. It is only a few cents here and there .. however it is a consistent , and positive upward earnings momentum. Very bullish. They project .08 for the past quarter. I have done the ongoing math and feel that they are way too low on this number. If they don't earn at least .24 I will be shocked. The FY 98 is also way too low. If Ames just coasts through the rest of the year and only meets their "plan" during the remaining months.. we will be at $1.50 / share. ( not the 1.36 that is forcasted) Ames has consistently outperformed their plan this year. Vector Vest has a $24.00 value on Ames as of today. I saw some daily "limit" orders placed on Ames yesterday which were sell orders at $18.00 ( 2 big blocks) and several buy orders below market price ( also big blocks ) Some of them were taken out in yesterdays nice run. Bottom line: There will be some resistance at $18.00. If the demand is strong enough when we reach the $18 again then we will just blast right through and hopefully hit $20 plus after the X Mas season. Spread the word around.. we have a great story in Ames and this is a stock that people should own. Regards, Winner