Wal-Mart Message Board - Msg: 1684299

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Non-Tech : Wal-Mart

WMT 102.95

+0.5%

3:59 PM EST

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To: Quang Nguyen who wrote (24)	6/30/1997 9:12:00 PM
From: Quang Nguyen	of 1166

Hello all, I am a new person in this thread, and I am need help. I am very bullist with WMT because: - WMT was added to DJ index. - Increase in the Ferderal minimum wage in last October would lift the spending of low-wage shoppers. (Biggest income increase that would be spent.) - The best retail stock will be those of stores that serve the poorest customers. - WMT has been purchased up to $2 bil of its common stock over next 18 months (start on March 97.) - WMT increased dividents by 29% in fiscal 1988 to $0.27 per share. - Today she closed at 52WK high. But a friend of mine, he SHORT WMT because: - Goldman Sachs and Smith Barney unloaded their holding. - Purchase of company stock and the payment of dividends decreased total share holders' equity from 01/97. - PE is 24. - Competitions from Dollar General, Consolidated Stores, MacFrugals Bargains ... - International plans...etc... - TA down trend next month. (Please read this link: www3.techstocks.com Please help me to buy some WMT with your advices, otherwise I will do as his advice. Thank you very much and allow me to invite him to join this thread. Quang Nguyen.

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