Wal-Mart Message Board - Msg: 9542009

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Non-Tech : Wal-Mart

WMT 102.62

+0.9%

Nov 7 9:30 AM EST

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To: Anthony who wrote (690)	5/15/1999 12:23:00 AM
From: i101	Read Replies (1) of 1166

Good news from the Bloomberg.com: "And now, retail wonderboy Wal-Mart (NYSE:WMT) announces it is shopping for a portal -- possibly Lycos (Nasdaq:LCOS) - to assert itself in the Internet economy. What in the name of 30-something PE ratios, 10 percent annual revenue growth, "Buffetology" and the blue-chip CNBC stamp-of-approval is going on? To sort of coin a phrase, 'It's the new economy, stupid.'" quote.bloomberg.com.

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