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 4:00 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Marty Rubin who wrote (660)	1/27/2002 6:03:26 PM
From: KJ. Moy	Read Replies (1) of 700

<if you have a system (i.e., Bloomberg, Telerate...) that tells you where the blocks were coming from and its description (buys vs. short covering), please post them here.>> Sorry, I don't have any system which can report trades in such detail. <<The EBITDA was based on SSS growth, something that's discounted by the market due to credibility issues. >> I agree with you. Their credibility suffer for the time being. However, when they report their fiscal third quarter on 1/10/02, their fiscal 4th quarter was almost half done at that time. If they can deliver 8% sss or better for Jan/02(4 wk ending 1/26) and Feb/02(5 wk ending 3/2) and gross margin of 3.5% or better, 141m EBITDA is in the bag IMHO. There's one less week for the current fiscal 4th quarter by my calculation. Gross margin was much lower than norm last quarter, I wonder if it was due to heavy price war with CVS and advertising on TV. The truce with CVS should help the bottom line in the long run. For the short term, civil suit settlement and SSS will dictate the movement of stock price IMO.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next