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Strategies & Market Trends : Fatty's Donut Shop
KKD 21.000.0%Aug 4 5:00 PM EST

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To: Selfop who wrote (1905)6/22/1999 8:19:00 PM
From: Jeff Resch  Read Replies (1) of 5041
 
People,

WAG is starting to make a move up the red line. Very good company opening one store a day. Projecting 3000 stores by 2000 and 6000 by 2010. They are also moving away from mini-mall stores and creating new buildings just for Walgreens.

MY estimated fair price value is under $30. Anything under that mark is deemed a good buy. Again same store sales are up nearly 18% and the future is looking very bright.

Rumors out that they are looking at Canada's largest drugstore chain for a possible buy out??? Just a rumor, though......

Lets face it America is getting old and people need a convienient place to buy drugs and goodies. WAG is it....in my opinion. Take 15 minutes to check it out and hurry to catch the red line on a sharp turn.

Resch
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