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.

Strategies & Market Trends : Charts for Breakout -- Ignore unavailable to you. Want to Upgrade?

To: Dennis who wrote (264)	7/8/2000 11:59:20 AM
From: Dennis	Respond to of 3506

Thread WAG BREAKOUT: Walgreen to post strong earns over next 2 yrs-BusinessWeek NEW YORK, June 29 (Reuters) - Walgreen Co. (NYSE: WAG) is on track to post stronger than expected earnings over the next two years, which should boost the No. 1 drugstore chain's share price, according to an article in BusinessWeek's June 29 edition. Walgreen's earnings may profit from increased market share in the drug business, the article quoted David Post, a growth investor and partner at investment firm Harris Bretall in San Francisco, as saying. Post believes that Walgreen's stock will hit $40 per share this year, emphasizing the company's steady earnings growth, high return on capital, and clean reputation in its accounting practices, the article quoted Post as saying.