Wal-Mart Message Board - Msg: 1743092

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Non-Tech : Wal-Mart

WMT 102.48

-0.1%

Nov 14 9:30 AM EST

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To: Leo Francis who wrote (82)	7/11/1997 10:30:00 AM
From: wiz	of 1166

Leo Yesterdays action was pretty interesting. My thought was that possibly Wal-mart had a few shares left to buy-back, and start the rally, and calm the masses.(the relatively high volume kinda discredits that though). Today should be pretty telling. I expect it to drop back into the 34s. Then again the general public thinks "investing" in stocks like KO, GE, and I guess Wal-mart sneaks in there, is like putting money in the bank. KO at 17% growth can still be concidered a "growth" company, but 11% on WMT is a little marginal. WMT is a great company, but at 24 times earnings.... there are better places to "park" the bankroll.-g- Mark

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