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


To: Market Tracker who wrote (950)2/5/1998 3:40:00 PM
From: Arthur Tang  Read Replies (1) | Respond to of 1911
 
Thank you, Gary. To keep AMES on track, periodic visits to the stores is necessary. Running out of stock would be alarming, if it is because of good business. Also, Ettore still only holds 30k shares is interesting; not exercising stock options (shelf registration 750,000 shares total stock options) or selling any for personal reasons either.

As Wall street goes through technical rebound due to good earnings reports, all the stocks will benefit from the broadening effects, last few days. This quarter will do just as good as last year, from the early starts of manufacturing activities. Asian problems will be short lived, looking at the maturity of how they handled their markets recently. Too bad, no cheap quotes from Asian suppliers.