Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Lee Lichterman III who wrote (24719)	11/26/2001 9:39:29 AM
From: Chris	Read Replies (2) of 52237

08:25 ET Merrill Lynch on Hardline Retailers : Firm touched on several key names in a research note this morning; says traffic at Best Buy (BBY) is strong enough for company to hit low low single-digit comp sales plan -- key take-away is that PC sales look to be making a definitive bottom this Christmas; says traffic at Circuit City (CC) looked light and sees potential downside to current estimates; overall -- says hardline sales so far this Christmas no weaker than any past recession. Once investors see this, firm believes they will buy stocks of retail companies that are gaining market share. Favorites include Lowe's (LOW) and Best Buy (BBY).

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