Rite-AID (RAD) Overdone or Done In? Message Board

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Non-Tech : Rite-AID (RAD) Overdone or Done In?

RAD 0.648

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Oct 16 4:00 PM EDT

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To: Maven who wrote (690)	7/30/2003 1:21:55 AM
From: geoffrey Wren	Read Replies (1) of 700

dessauer was recommending this stock at $25. I guess he cannot change his tune. There are about five Rite-Aids in the area around me. They all look shopworn. And their prices are high. That is a systematic problem with Rite-Aid. Rite-Aid reminds me of K-Mart. They do have a low PSR ratio, which provides for upside if they can turn things around. But I don't see it happening yet.

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