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Strategies & Market Trends : Fatty's Donut Shop
KKD 21.000.0%Aug 4 5:00 PM EST

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To: Matt Brown who wrote ()6/18/1999 11:58:00 PM
From: Jeff Resch  Read Replies (1) of 5041
 
Walgreens....I know a lot of people are looking at OTCBB's on this thread but please consider Walgreens. I have been doing extensive research on this company and this company is one of the best buys on the market right now. They last reported same store sales rose 17.9%. In addition they are weighing the possibility of buying one of Canada's largest pharmacy's. They are opening one store a day and are going to do so for the next couple of years. They have approximetly 2500 stores and are going to increase to 6000 by 2010 if not sooner. Management is strong and the economics behind the company are in its favor. Baby boomers are getting older and so is Walgreen's. This thing is on the fast line. The technicals have shown they have been fairly bearish the past couple of months. Thus lowering the price over this time period. STRONG BUY!!! LONG TERM!!! Analysts estimate 15% growth the next five years. This is a very conservative estimate considering they have been over the 20% the past couple of years.

I have a strong value in choosing stocks with good management and strong committment to growth. This is no hype. Order financial statements from the past 4 years from the Wall Street Journal and start doing your homework. In my opinion this is a HUGE sleeper. Somer people got a little nervous when drugstore.com came out, hahaha, just a bunch of fluff. This is for real, whether you need to pick up some twinkies or medicine this is a winner.

Any comments?

P.S. If anyone starts doing any research on this thing look at the strategic placement of new stores, very interesting. ENOUGH SAID.

Resch
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