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


To: WinnerSBW who wrote (1019)3/13/1998 12:15:00 PM
From: Arthur Tang  Respond to of 1911
 
Thank you, Mr. Sturgis. No one wants to lose money selling out, at this time. Ettore and company has 750,000 shares of stock options at $8 striking price. AMES management is just having fun. AMES may go global someday, the resulted stock splits many times, at that time, is what we are visualizing. Full potential is no where in sight yet. Talk the stock up is not necessary. You do not want too many weak hands to spoil the market, stock is too cheap.

Other boards talk about good things such as reverse splits, selling out for quick 10% gains. They can have it.

We build companies. And it is not that much efforts so far.



To: WinnerSBW who wrote (1019)3/13/1998 12:27:00 PM
From: Market Tracker  Read Replies (1) | Respond to of 1911
 
Barry, - When Jimmy Rogers questioned Joe Ettore about the amount of stock controlled by insiders, it came out that the majority of shares were held in public hands. No takeover talk, just the implication that if someone wanted AMES, the shares are out in public hands. also that AMES is always seeking former Jamesway, et.al. locations. BTW transcripts of reports and interviews are available at the CNBC homepage. cnbc.com at a nominal charge.

Gary