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


To: WinnerSBW who wrote (1041)3/16/1998 8:09:00 PM
From: Arthur Tang  Read Replies (1) | Respond to of 1911
 
Thank you, Barry. No more market makers, we have too many already. It is more important for Salomon, Smith Barney to distribute round lots when their analyst recommand the stock some day. Fidelity may already owned AMES before AMES' bankruptcy, years ago. But if you feel like and have fun talking about AMES. Why not?

As far as cash on hand is concerned, it is never enough. Cash management such as leaving them in money market funds is perfectly ok until more inventory is needed. Retailers should parley their profits in increasing inventory investment. The more inventory, the more traffic at the store, the more profitable business.