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


To: Arthur Tang who wrote (999)3/9/1998 2:46:00 PM
From: Market Tracker  Read Replies (1) | Respond to of 1911
 
Arthur - Just so there is no misunderstanding, $20. is far from my upside potential for AMES, just marking a milestone in AMES' resurrection. It would not surprise me to see AMES double from these levels over the next 2 years. I *would* like to see AMES fill that vacant CFO position, and perhaps by the annual meeting we'll have a replacement.

What's really beginning to concern me, however, is the astronomical runup in the internet stocks and search engines. It has not even been parabolic, but hyperbolic, and is absolutely unsustainable for very much longer. Tech monies flowing into internet stocks perhaps as a switching "strategy", but valuations are re-defining over-valued.

Gary