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


To: Roo who wrote (1055)3/20/1998 7:17:00 AM
From: Arthur Tang  Read Replies (1) | Respond to of 1911
 
Thank you, Andy. To do Bradlees properly, you have to know their banker who will probably own the majority of the reorganized company. How much they will leave for the present stockholders, determines your efforts. AMES was fixed up, after two years out of bankruptcy.

After you call them up and get to know them who will approve the reorganization plan if and when Bradlees will submit to the courts; your investment will then be worth while. Put all your money in it, if they let you voice the need of protection of present stockholders.

Good Luck. Some of us will watch out for you; but it is too risky for now.