Wal-Mart Message Board - Msg: 1743764

STOCKTALK

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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 12:39:00 PM
From: Jack L. Dlugach	of 1166

Well, Leo, I guess you're seeing something the investors and analysts haven't noticed yet--the stock is hangin' in there and the analysts are very happy with 6.8% same store sales increases-- they say that indicates a very strong showing for WMT going forward. Don't know about Stochastic anymore--it doesn't seem to be as accurate as it used to be in predicting movements. This market is a strange one to estimate. Like I said, Leo, I agree with you that WMT and most of the blue chips are very over-priced for the short term and are certainly due for a correction. When they'll correct, though, and just how much is anybody's guess. I sure wouldn't even try.

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