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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 (140)7/21/1997 11:36:00 AM
From: Leo Francis   of 1166
 
Oh boy, a broker upgraded WMT. Estimated 1998 earnings of 1.74. Cited international earnings growth and possible international purchases in Latin America and the Pacific.

See, they are putting their investment confidence in international operations. Even with 1.74 in earnings, you are looking at a price NEXT year of 34-35, which is "fair value".

This is looking GOOOOD!!! I have a feeling many large holders are going to sell into this upgrade. Good Trading. LF
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