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To: Softechie who wrote (927)	3/13/2001 4:31:02 PM
From: Softechie	Read Replies (1) \| Respond to of 2155

DJ A.G. Edwards Analyst: Pick Retail Stocks Carefully 13 Mar 14:33 NEW YORK (Dow Jones)--With retail sales down 0.2% in February, there's no question business is weak right now, according to Robert Buchanan, retail analyst at A.G. Edwards. "Looking ahead six to 12 months, the Fed's actions will induce consumer spending," Buchanan said in a CNBC interview. In the meantime, retail earnings generally are under a lot of pressure. He said high-cost providers like Kmart Corp. (KM) are really having a tough time during the "ebb tide" in consumer spending. Buchanan said some discount competitors like Kohl's Corp. (KSS), Wal-Mart Stores Inc. (WMT), and Costco Wholesale Corp. (COST) "are having a little bit better time right now. So it's really important to be selective if you going to own something in this group." -By Nora Devine, Dow Jones Newswires; 201-938-5394; nora.devine@dowjones.com (END) DOW JONES NEWS 03-13-01 02:33 PM --------------------------