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

To: Arthur Tang who wrote (814)	12/1/1997 2:11:00 PM
From: Arthur Tang	Read Replies (2) \| Respond to of 1911

1 minute interval intraday chart showed three major buys, 40,000 shares, 20,000 shares, and 50,000 shares bunched together before 2pm, which moved the price to $17.5/share. We will be watching the market makers to see if pull back will occur immediately, to buy back such large purchases.

To: Arthur Tang who wrote (814)	12/1/1997 2:14:00 PM
From: Market Tracker	Read Replies (1) \| Respond to of 1911

Hi Arthur, - Boy oh boy someone is buying AMES in the past half hour. At 13:41EST AMES had traded 92,100 shares, at 17 1/8, + 1/8. At 14:03EST AMES had traded 459,100 shares and was up 1 3/16th to a new annual high of 18 3/16ths. This must be institutional in nature considering the dollar value of the trades. This is close to 375,000 shares traded in 22 minutes with the price rising over a point to a new high for the year. R/T Volume is now 529,000 shares + 1 1/8th Gary