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Non-Tech : 7-Eleven, Inc. (NasdaqNM:SVEV)

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To: Artslaw who wrote (24)3/29/2000 12:55:00 AM
From: Artslaw  Read Replies (1) of 28
 
7-Eleven has fresh cash, a new CEO and Web plans

cbs.marketwatch.com

Rowe said he believes the stock price could trade at 7 by year-end and that earnings could triple on growing sales, the result of America's love affair with snacking.
. . .
"I think e-commerce is good, but it's gravy," Rowe told CBS MarketWatch. "They'll do great just with the basic plan of fresh food and fresh snacks because it's a great place to provide people with what they want. The Internet application is not necessary for the whole story to become a success. 7-Eleven is an American icon."

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