Wal-Mart Message Board - Msg: 6607243

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Wal-Mart

WMT 102.62

+0.9%

Nov 7 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ken who wrote (548)	11/30/1998 7:56:00 AM
From: Chip Roos	Read Replies (1) of 1166

Ken: You're not a doomsayer but have the same conservative concerns that we all have. However, in this crazy market when stocks like Amazon, Booksamillion and Yahoo, which have no earning and a stock valuation in the billions, there are those of us who look for quality companies with a steady track record. Wal-Mart is probably the best at this. It is tempting to take my profits (I got in at 23) but where would I then invested the proceeds in something with as much quality earnings as WMT and hopefully such little downside risk? Would I buy WMT at these levels? Probably not. But the point is that I am sitting on cash and haven't found any new stocks that I feel comfortable enough to invest in at these levels. I guess patience is a virtue! Anyway, enjoy the ride. This stock is alot of fun and with a 90%+ return so far in 1998 on top of a 70%+ return last year, boring looks good. Good luck! Chip

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next