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

To: Market Tracker who wrote (1007)	3/12/1998 11:45:00 AM
From: Market Tracker	Respond to of 1911

Correction - make VDS - VCD <eom>

To: Market Tracker who wrote (1007)	3/12/1998 12:56:00 PM
From: Arthur Tang	Read Replies (1) \| Respond to of 1911

Thank you, Gary. I am projecting $0.50/share ending April 27th, 1998. The reason is 10% gain from last year in revenue, and better price points, therefore better margin. In good quarters last year, AMES made $0.28/share. It is not a fair comparison year to year, because last year they pulled back, closing stores and reduced inventories. This year they rebuild inventory just in time. And in February they did well. They will do well this month as well, with birthday party as such to build traffic. Traffic is up 20% from last year. Have fun, and lead the management to the water. They will walk on water. If you estimate too low, then the results will be disappointing. $3.00/share and they may exceed that if economy continues. This year housing is already up 10% in January, AMES is moving furniture(high end tickets), TVs and household goods.