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

To: Arthur Tang who wrote (840)	12/3/1997 11:37:00 PM
From: DPG	Read Replies (1) \| Respond to of 1911

<<When price went up short interest went up>> Which means???? Thanks in advance for your reply. Donna

To: Arthur Tang who wrote (840)	12/4/1997 9:34:00 AM
From: Dennis C	Read Replies (1) \| Respond to of 1911

Ames Reports November Sales ROCKY HILL, Conn.--(BUSINESS WIRE)--Dec. 4, 1997--Ames Department Stores Inc. (NASDAQ: AMES - news) today announced net sales of $239.5 million for the four weeks ended Nov. 22, 1997, compared with net sales of $223.0 million for the four weeks ended Nov. 23, 1996, an increase of 7.4 percent. Comparable-store sales for the period were $216.8 million, compared with $203.4 million in the same period last year, an increase of 6.6 percent. Comparable-store sales are based on 275 stores. Net sales for the 43-week year-to-date period were $1.703 billion, compared with $1.678 billion in the year-earlier period, an increase of 1.5 percent. Comparable-store sales for the period were $1.554 billion, compared with $1.531 billion last year, an increase of 1.5 percent. Joseph R. Ettore, Ames' president and chief executive officer, said, ''We were pleased with November sales results, which were above plan and last year in many categories, including appliances, housewares, trim-a-tree, furniture and toys. Apparel sales continue to show strength, especially in the ladies' department. Infants' apparel made a strong showing for the month. ''Ames is well-positioned for the remainder of the holiday season. We continue to generate strong traffic with effective promotions and marketing efforts. Ames' successful 55 Gold(R) and Special Buy programs continue to help drive customer traffic during the competitive holiday season.'' Ames, which operates 298 stores in 14 Northeastern states and the District of Columbia, is the nation's sixth-largest discount chain, with annual total sales of $2.2 billion. For fax copies of Ames' most recent news releases, dial 1-800-758-5804 Ext. 036787. To find the location of the Ames store nearest you, dial 1-800-SHOP-AMES.