Silicon Investor (SI) -- The First Internet Community

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 : WAG...Walgreens "The Pharmacy America Trusts" -- Ignore unavailable to you. Want to Upgrade?

To: MarieS who wrote (108)	7/6/1999 4:29:00 PM
From: i101	Read Replies (1) \| Respond to of 132

Walgreen is the Yahoo! Online Investor's "Stock of the Day": Walgreen Company (NYSE:WAG - news) gets total respect from investors. The country's largest drugstore chain has earned it. Just look at what this company did last quarter: Third party pharmacy sales rose 28%, cash business increased 6%, gross margins rose 14 basis points, and its expense ratio was pared by 15 basis points. Operating income was up 23%. Earnings per share rose 25%, well above analysts' expectation. That's why this stock is sporting a 44 P/E based on estimates for 1999. Read the entire article at: fnews.yahoo.com