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Non-Tech : Wal-Mart
WMT 102.62+0.9%Nov 7 9:30 AM EST

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To: Terror who wrote (618)2/27/1999 10:47:00 AM
From: Stephen M. DeMoss  Read Replies (1) of 1166
 
I too am anxiously awaiting a split announcement! I know they are doing very well business-wise and I also know they are very concious of their stock price (its posted daily in our locale stores). I believe their earnings will grow as we close in on year two thousand as many are stock piling bulk goods (Sams stores) in preperation. I just hope that they are not OVER CONFIDENT that they will continue to go up in price. The markets are still trending up but are soft. I personally am guessing they are waiting for the low 90's for an announcement which will propell them over 100. I think it will be a 2-1, making the price 50, which is where the 52 week year began. I think March 4 meeting could be the right timing for the announcement (Friday morning). By then it is realistic that the price will be above 90. If it wasn't for the bond market, we'd be above 90 today. Hang in there everyone and why not shop WalMart this weekend? Steve D.
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