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Non-Tech : Rite-AID (RAD) Overdone or Done In?
RAD 0.6480.0%Oct 16 5:00 PM EST
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To: Marty Rubin who wrote (640)1/10/2002 1:37:15 PM
From: Marty Rubin  Read Replies (1) of 700
 
CORRECTION: There was an increase in SSS of 10bp (6.8% for Dec vs. 6.7% for Nov). I was expecting a decrease based on its two competitor's showings (WAG + CVS).

And BTW, the shareholder resolution coming the next 2 weeks (10 trading days starting tomorrow) will give a signal as to what the company actually thinks of its shares. I'll pay close attention to number of shares given in this package.

RAD: $3.03, 38M shares traded so far.
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