Heinz, think about it. When did they submit the language of that filing? give me a date.
McLane, just announced on Thursday and has a better than market deal in terms of a private placement I suspect, but it's still a positive.
Do some Due Dilligence into the McLane Group, which I admit is not that easy since it's private, but look hard, and McLane is the best innovator in this area. He has opened up his existing and successful food distribution network not only in the US but in much of Europe. This is an evolving story, and Is not in print, and I may have miscalculated the KEy Question.
Can Real Money be Made in the Web purchase and Delivery of Groceries, Pharmacy items, cosmetics, and other types of reoccurring purchases that can be aggregated by this type of company. It remains an open question.
I am in Jim Seymour's camp, that this can be a big winner in
Retail e Commerce.
Beyond that statement, He built a food distribution business into one that WMT had to have and they felt he could do that management job the best and so put him into a super senior level job at WMT.
Do you question WMT's ability to execute in the past 10 years?
If so explain. (not giving you a hard time, am trying to encourage you and others to explore the situation)
I have made plenty of mistakes, so I would rather hear about my misjudgements early and get out without a loss, or a managable one instead of learning of my boondoggles by looking at my P/L next year.
-ng-
John
And he has made a 9 figure fortune at it.
I suspect that we will see a 10 or 11 figure net on him in the next 3 years.
Time will tell.
John |
