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


To: Dan Duchardt who wrote (881)12/19/1997 12:36:00 PM
From: Arthur Tang  Read Replies (1) | Respond to of 1911
 
Didn't know John. Wish him luck. MIS dept has good POS operation. Purchasing has 1200 vendors now, instead of 300. Stores just started to draw traffic, late this year. Bank of America interest rate, understood to have been reduced, just now. If I were John, I ask for more money.

A heavy weight is needed for the vacant position. AMES going nationwide means raising some money by stock issue. Stock issue at $40/share in the near future, means a financial planner that can talk to Robertson, Stevens at Bank of America, in addition to the regular duties. It will be interesting to say the least, how much more improvements next year will bring.



To: Dan Duchardt who wrote (881)12/22/1997 10:31:00 PM
From: Paul A  Respond to of 1911
 
This is something to keep an eye on.. Very touchy position.