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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 43.48+8.6%Dec 2 3:59 PM EST

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To: Sonny McWilliams who wrote (21708)12/5/1998 11:23:00 AM
From: William Hunt  Read Replies (1) of 27012
 
Sonny Take a look at the chart for the following stock ( SWY )for the past five years . This might be a good place to park some money that you do not want to risk . Some facts :
1)Company is on a mission to increase margins from 6% to 9% in the grocery business . They are going about it the same way WAL-MART did . Computerized the distribution system there-by increasing the yield mix on products that are needed and eliminate others that have a low turn-over.
2)KKR owns 13 % of the stock ----could be a plus or a minus . One fact though is that KKR invested 130 million in the company in 1986 . SO far they have taking out 6 billion in profits from the company . They still own 13 % of the company .
3)The company is a strong buy by the following : ML , S&P , MSDW , ZACK'S ---Target price at present is 61 to 64
I bought in at 48.5 ---as a defensive play

BEST WISHES
BILL

P.S. People have to eat in good times or bad times !
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