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


To: Arthur Tang who wrote (1094)4/2/1998 9:30:00 AM
From: Market Tracker  Read Replies (1) | Respond to of 1911
 
Arthur, I think from a seasonal standpoint, the 1st Q historically has been a loss, and I don't see why it should change in the near future. As long as the 1-Q loss this year is lower than the loss for last year, we are then headed in the right direction. If AMES can lose 3 or 4 cents less this quarter than they did a year ago, this would be great news to me as it would put us that much further ahead of the game. For now, I'm willing to go along the the "street" estimates, but would *love* to be favorably surprised. With continued limited upscaling resulting in increased profit margins, combined with the projected increase in sales revenues, we could be off to a very good beginning for fiscal 1999 IMO.

Gary