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

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To: Jack L. Dlugach who wrote (119)7/17/1997 3:32:00 PM
From: Ken Turetzky   of 1166
 
Jack, In regard to your comments and Leo's question, I would not buy more WMT at current prices. I view it now as I have since I bought it four years ago, as a long-term investment. However, I would like to avoid getting caught in the correction we all anticipate, and then pick a spot to buy back in.

On the other hand, it seems like tech stocks are getting all the attention and most of the investment money right now, and WMT will finish its little rest in the 35 1/2 range and move up toward 40 before it corrects.

Continuing the retail discussion, I'd like to invite everyone to check out the very lonely Wolverine World Wide (WWW) thread I created, and weigh in with any opinions. WWW makes shoes.
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