SI
SI
discoversearch

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 (855)12/11/1997 2:50:00 PM
From: Market Tracker  Read Replies (1) | Respond to of 1911
 
Arthur,- The momentum, and day traders are making AMES more attractive each passing day. 6" of overnight snowfall will put much of the Northeast in Christmas shopping spirit, (panic). Christmas Day is two weeks from today, and a late Hanukah will keep holiday sales going well after 12/25/97, and right up to the end of 1997. January "white sales", along with soft goods, should carry AMES well up to the close of the fiscal year. At FY '98 earns est. of ~$1.40 +/-, and a price at 16 1/8th, this one is beginning to look very attractively priced again.
Gary

PS - Also 1 extra selling day this year between Thanksgiving and Christmas.