WAG...Walgreens "The Pharmacy America Trusts" Message Board

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Non-Tech : WAG...Walgreens "The Pharmacy America Trusts"

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To: MarieS who wrote (108)	7/6/1999 4:29:00 PM
From: i101	Read Replies (1) of 132

Walgreen is the Yahoo! Online Investor's "Stock of the Day": Walgreen Company (NYSE:WAG - news) gets total respect from investors. The country's largest drugstore chain has earned it. Just look at what this company did last quarter: Third party pharmacy sales rose 28%, cash business increased 6%, gross margins rose 14 basis points, and its expense ratio was pared by 15 basis points. Operating income was up 23%. Earnings per share rose 25%, well above analysts' expectation. That's why this stock is sporting a 44 P/E based on estimates for 1999. Read the entire article at: fnews.yahoo.com

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