SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : PMOR - Phar Mor Drugs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pete2 who wrote (69)12/1/1999 8:45:00 AM
From: cliff emohs   of 78
 
Here is a little more tid bit of info from a stock picker I follow.

"Sector wise, brick & mortar/online drugstores such as CVS, xxxx, and PMOR all have endured weakness in the last two months, possibly from tax-loss selling and recent Ride-Aid fiasco. With market's resurging interest in retail stocks, often time should create a spill-over effect to the pharmacy chains. Value wise, this sector is as cheap as it can get. All in all, timing wise, averaging down at this point in time is adequate."

The xxxx is the company I am not to mention. Thanks for informing me. Do not want to make any enemies.

It certainly looks like PMOR is close to the bottom. Nice time to get in. Only time will tell.

Later

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext