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


To: WinnerSBW who wrote (1101)4/3/1998 10:34:00 AM
From: Market Tracker  Read Replies (1) | Respond to of 1911
 
Barry, - I was doing the same calculation, backing out the next 3-Q's from the revised fiscal year annual estimate. The 3 current estimates on the street for the year are now $1.59, $1.60, and $1.62 for an average estimate of $1.60. Frankly the 1st Q is a mystery to me. I would be very willing to accept ($0.22) at this stage of the game as it would be $0.06 better than last year's first quarter. I'm pretty sure AMES can do even better than break-even in the future for the first Q, but would be extremely surprised (and happy) if it were to occur this year. I'll do some more research in this area and get back to you.

Gary