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

To: Market Tracker who wrote (1051)	3/19/1998 2:49:00 PM
From: WinnerSBW	Read Replies (1) \| Respond to of 1911

Gary, Are you recommending that I try to recover all of my original cost of the entire Ames position that I currently hold by selling the shares which are at long term gain status? I calculated that my total cost of all Ames purchases is about $125,000. I have one batch of 10,000 which were purchased at least 18 months ago. If I sold 6,000 shares at $22.5 that would give me back all of my original invested capital and leave me with 19,000 shares. This is certainly a prudent investment decision that I should be willing to make. The problem is that I am only 34 and am a bit of a risk taker at heart. It is very hard to part with these shares as I firmly believe that you and Arthur and I will be having a $66.00 " here we are" party two years from now! If that happens and I hold on to my current shares it will be one hell of a boost to the old " net worth" calculation. I also have hopes that Dayton Hudson ( Target) will come along and offer to buy Ames in a stock swap someday. I would like to be able to convert my appreciated Ames stock into Daytons' stock without realizing any long term Cap. gains in the process. That is a stock which I would like to own long term. Thanks again for your help. Barry