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Non-Tech : 7-Eleven, Inc. (NasdaqNM:SVEV)
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To: blankmind who wrote (16)2/4/2000 2:53:00 AM
From: Artslaw   of 28
 
Well, I'll look at it on the bright side and say that they did a penny better than expectations (or, better yet, 50% better than expectations). The interesting thing is that if you divide their earnings by the number of diluted shares, you get something like 2.3, which mysteriously rounds up to 3 cents. Then again, when you have 500+ million shares, there is a big difference for each penny of earnings. . .We'll see what happens tomorrow.

It looks like 7-Eleven really has it together as of late, and their Japanese counter-parts are an example of things to come. After hearing so many people complain about holding this stock for five years with no gains, I feel very lucky to have gotten an 80% return in a few months (and on a much-safer-than-internet investment).

Steve
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