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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who started this subject	3/12/2002 9:01:32 AM
From: Joe Stocks	Read Replies (2) of 787

RAD- J.Nail. I like RAD. I currently don't have a position. I think this is going to be a great turn-around play. With RAD's new management as of about two years now I think these former Fred Meyer folks have what it takes to it. Unfortunately they have a bunch of debt to work with and that's the only thing that keeps me out for now. Thanks for bringing it up. I really need to update my research on it. I looked at it when it fell but KM was doing it's thing at the same time and it scared me. Looked like that would have been a good buying op. With ageing demographics this retail area is the place to be if they don't screw themselves by overstore-ing their markets. Amazing how much this drug store catagory has grown and they still produce strong same-store sales. This should only get better as the boomers needs for drugs will soar. WAG seems the one to buy here along with RAD for different reasons. Joe

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