Wal-Mart Message Board - Msg: 1852560

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Non-Tech : Wal-Mart

WMT 102.48

-0.1%

Nov 14 9:30 AM EST

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To: David Helms who wrote (176)	7/28/1997 2:53:00 PM
From: Jack L. Dlugach	of 1166

Hi David: Used to own a lot of Cifra a long time ago; bought around a dollar and sold at $3.37 after WMT took a stake and it zoomed up-- that was long before all the troubles in Mexico and the devaluations, etc. Churned the money over into more WMT at 19 when it took a hit Xmas before last and now have a cost basis in WMT of around 15--it's a pretty big position so I'm very happy with WMT. The dividends aren't so great so I don't bother with the DRIP on this one but if you're going for the long term it'll probably pay off--don't know about buying at 39 though--I wouldn't. Hard enough deciding whether to take some profits or not--big dilemma...kind that I like though. :)

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