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Strategies & Market Trends : Value Investing

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To: leboeuf who wrote (41440)10/20/2011 12:29:05 AM
From: Lazarus   of 78742
 
don't post here often but i see you mentioned SWY and i happened to pick up some shares recently.

locally the stores we have are VONS and i have to admit that i dont shop at VONS because a major competitor is only 1 block from our home.

we do a lot of our shopping at Costco but i find myself almost daily at the local store. if it were the case that VONS was the nearest that is where i would go --- it just isnt the case. the VONS stores are very nice and a bit pricier --- but very well laid out.

i happen to notice that the local VONS offers delivery. i havent checked into the cost but the first time you order online the delivery is free. not sure how many people take advantage of this. i may give it try.

SWY has been buying back shares and given that they are a household name for as long as i can remember (i'm 59) i think the stock is a buy here and will be back around 22 by year end.
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