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

To: WinnerSBW who wrote (1012)	3/12/1998 5:55:00 PM
From: Eric mulay	Respond to of 1911

hey.... i dont know all that much about ames, i have a bit of it.. its acting great and im really happy.. im looking for a little input on this as to a high... do u really think that 60 is possible? id appreciate the input thanks

To: WinnerSBW who wrote (1012)	3/12/1998 7:01:00 PM
From: Arthur Tang	Read Replies (1) \| Respond to of 1911

Thank you, Mr. Sturgis. I am upping the move to $30/share for near term P/E ratio, to be in line with the rest of the good department stores. AMES deserves it. Visit your stores, keep it nicely run.

To: WinnerSBW who wrote (1012)	3/12/1998 7:32:00 PM
From: Market Tracker	Respond to of 1911

Winner, - Well that was fast. Again, congratulations on your 10 bagger in AMES, and an official welcome to SI. I know you'll have many valuable contributions to make to any thread you participate in. Ames appears poised for further good times ahead. New store openings, a reduced debt load (and interest costs), and a management team who listens to their shareholders suggestions. I'm going to be reviewing the financials over the weekend, because my back of the envelope calculations look too good to be true. We may have a tiger by the tail here. If the company can increase revenues to $2.5 Billion, while simultaneously increasing their after tax profit margins to the 3% area over the next 1-2 years, it is possible AMES could report EPS as high as $3.00 a share in the next 2 years. Let's see, Arthur,-- $3.00 a share times 22 X earnings ..... well you get the idea. MT