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Strategies & Market Trends : Value Investing

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To: Wallace Rivers who wrote (14080)3/6/2002 2:25:14 PM
From: Paul Senior  Read Replies (1) of 78525
 
Walllace: Speaking about drug store chains, I'm considering buying RAD.

Do you or anybody else here who's interested in this sector have an opinion on it at current price? I just don't see a margin of safety, yet if the sector is moving, RAD might have more room too. (It already has moved up, but price only has moved from $1.85 to $3.05/sh. Perhaps I am fooling myself here, because with 500M sh. out. that small move (only $1.20 move in the stock price) has already added lots to market capitalization.)

There's some insider buying. I still see plenty of cars in RAD parking lots in my area. Nice fixtures/displays upgrade in my local store too.
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