Wal-Mart Message Board - Msg: 1689325

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Non-Tech : Wal-Mart

WMT 112.41

+0.7%

3:59 PM EST

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To: Ken Turetzky who wrote (41)	7/1/1997 4:37:00 PM
From: Jack L. Dlugach	of 1166

Ken, Absolutely agreed upon that one; Wal-Mart is on a roll right along with the rest of the market. I just hope the bubble doesn't burst like it did in '87--and if it does do that, I sure hope it's a short one and not like the ones that last for years. However, if the market does tank, Wal-Mart is considered one of the safer stocks to be holding for the long term unlike the so-called "momentum stocks" that are so common especially in high-tech. True, WMT doesn't appear to have the upside potential of, say, Intel but neither does it have the downside risk. INTC is down almost exactly the price of WMT on the open market--an interesting turn of events to say the least.

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