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Non-Tech : Wal-Mart
WMT 102.48-0.1%Nov 14 9:30 AM EST

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To: Ken Turetzky who wrote (84)7/11/1997 8:33:00 PM
From: Jack L. Dlugach   of 1166
 
Ken: I didn't know the results were for an extra week until Leo
pointed it out and I didn't know this until I read today's paper:

The 50 most widely held stocks in America ranked by percentage
change in share price yesterday: WMT was number one, up 1/12 or
4.47% for the day.

So, Ken, it looks like lots of investors are as "irrationally
exuberant" about WMT as we are.

Short position's pretty high, too, so either the shorts will make
out or we'll profit handsomely from the short covering.

Either way, I'm very happy with WMT so far--my cost basis is about
15 so I don't expect to lose all of my profits, even in a major
correction.

:)
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