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Non-Tech : Wal-Mart
WMT 102.49-0.1%3:59 PM EST

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To: Profi who wrote (278)9/8/1997 10:59:00 PM
From: Gary L Schultz   of 1166
 
Profi,

I live about five miles from a WMT Super Store, and I find the same thing here in North Carolina as you do. The store is simply packed for most of the day. IMO, and from my personal observation, we are beginning a period of increased consumer spending - which is good for WMT, but long term I think it will be a catalyst for interest rate hikes by the FED, and we all know what that means!

WMT is doing all of the right things currently. I'm with you, you could buy and hold a lot worse stocks than WMT.

Best of Luck

Gary
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