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Non-Tech : K Mart and Martha Stewart

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To: Laird Durham who wrote ()5/21/1998 7:43:00 PM
From: HerbVic  Read Replies (1) of 13
 
Laird,

Have you looked at the financials for K Mart?
stocksite.com

PE is a little high at 30, but I think that will come down as the new stores come on line with their profits and as the cost of expansion is taken from the equation.

IMHO this should be a good long term hold with the first 2 months holding a few surprises as the company ballyhoos their plans for the internet.

HerbVic
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