Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (7048)	8/9/2004 1:33:00 PM
From: Smiling Bob	Read Replies (2) of 19256

MCD - 26.28 should be in everyone's long term and retirement port Could possibly add in low 20's next few months. Reuters McDonald's July Sales Rise on U.S. Strength Monday August 9, 9:53 am ET NEW YORK (Reuters) - McDonald's Corp. (NYSE:MCD - News) on Monday said worldwide sales at hamburger restaurants open more than a year rose 6.4 percent in July, helped by strong gains in its U.S. business. ADVERTISEMENT The world's largest fast-food chain said same-store sales, a key measure of retail strength, rose 7.8 percent in the United States, its largest market. Same-sales rose 2.1 percent in Europe, the Oak Brook, Illinois, company's No. 2 market. Prudential analyst Larry Miller had been expecting U.S. same-store sales to rise between 6.5 percent and 7 percent, and forecast a 3 percent gain in Europe. In a statement, McDonald's Chief Executive Charlie Bell said the company expects sales in Europe to improve as it works on turning around its business in the United Kingdom and expanding its menu offerings. "I have higher expectations for revitalizing the performance of this key business segment," Bell said. McDonald's shares dipped 7 cents or 0.3 percent to $26.27 on Monday morning on the New York Stock Exchange (News - Websites) .

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