Rite-AID (RAD) Overdone or Done In? Message Board

STOCKTALK

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 : Rite-AID (RAD) Overdone or Done In?

RAD 0.648

0.0%

Oct 16 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Marty Rubin who wrote (605)	5/10/2001 11:01:51 AM
From: Marty Rubin	Read Replies (1) of 700

I Rate DSCM a ST Buy and LT Strong Buy. They are tied to RAD, and if one (RAD) succeeds, the other should too. RAD needs DSCM to take care of prescriptions. This is its online selling presence (the website, riteaid.com, is now also powered by drugstore.com). Although RAD's debt covenants may limit its outright purchase at this point, this (or at least the rumor) can come later on as we see continuous improvement to RAD's bottom line. DSCM @11:01 ET is trading 1.32 (bid) - 1.36 (ask), volume of 86.1M shares. Price Target (18 month): $8. ________ Info from quote.yahoo.com: Daily Volume (3-month avg): 202.1K; Daily Volume (10-day avg): 190.0K; 52-week Range: 0.7188 - 10.6250; Mkt Cap: $89.9M (@ $1.36 --Marty). This post constitutes an Opinion, and should be treaded as so. If you decide to take actions based on this/other post/opinion, just remember that when it comes to the bottom line It’s Always Your Money.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next