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.

Microcap & Penny Stocks : WMMVF Wal-Mart De Mexico -- Ignore unavailable to you. Want to Upgrade?

To: bbgold who wrote (7)	11/7/2001 1:58:09 PM
From: FR1	Read Replies (2) \| Respond to of 12

I recently got some shares in Wal-mart De Mexico. The things I like about it: 1) It is growing faster than WMT. 2) It paid a big dividend 3) It is a major weighted item on the index for Mexico 4) One of the biggest employers in Mexico 5) It kills all the competition. Basically, Wal-Mart decided years ago to really go heavy in making this a strong stock. They had a aggressive buy-back program and invested heavily in Mexico. I think it is now trying to position itself as both a growth stock and a dependable investment for dividends (so the Mexican fund managers will all pick it up).