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Strategies & Market Trends : Value Investing
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To: Bob Rudd who wrote (19333)6/23/2004 11:01:45 AM
From: Wallace Rivers  Read Replies (1) of 78670
 
Bought WMT today, too early. It will take years for the class action thing to play itself out IMHO, and the decline makes this a buying opportunity.
Have changed my opinion on NYB to avoid, this is a classic falling knife. The decline seems to have no floor, the stock yield is so juicy, that tells me something is not right here.
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