Wal-Mart Message Board - Msg: 4435955

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Non-Tech : Wal-Mart

WMT 103.46

-0.1%

Nov 12 3:59 PM EST

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To: shotz who wrote (382)	5/13/1998 7:50:00 AM
From: Chip Roos	Read Replies (1) of 1166

Steve: I bought heavy into WMT about 3 years ago and was distressed as it sat in the $23.00 range for the first two years. The past 18 months has made up for it... I can't give price targets but will tell you that every time I feel tempted to sell my WMT, I take into consideration that it is one of the best managed, if not the best managed retail companies in the world. And in this market, where would you invest the proceeds from the sale? WMT has a history of splitting its stock when it hits the upper 50's or 60's. Not that it makes much difference in the long run but that's usually a positive. With all that being said, I know no more than the average Joe but as a long time investor, I have found almost without fail that if you invest in a good quality, well managed company and hold your investment for a long time, you will do well. Good luck. Chip

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