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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (21651)	10/14/2001 11:57:27 PM
From: Cymeed	Read Replies (1) \| Respond to of 52237

Lee, the case of Wal Mart may be a special occassion. In the face of economic slow down, they are gaining market share. Sept 2001's same store sales rose 6.7% (the nation's business was essentially standing still in the week of Sept 11 !!!) and next year's retail space growth is expected to be 9%. Their super Wal Mart concept has been doing very well in attracting traffic to their store. No matter how deep the recession will go, people will have to eat and buy detergents. So it is widely expected that their EPS growth of near 15% can hold for next year and may even improve if economy picks up. I had the same thought of yours at end of Sept. That's why I went for long technology stocks and shorted retailers for hedging purpose. Boy, was I wrong.

To: Lee Lichterman III who wrote (21651)	10/15/2001 12:19:57 AM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 52237

Lee, >>Thoughts on ADM??? I own ADM and I have no idea why it is trading back in the high 11's and low 12's again. As far as news from ADM is they recently delivered a 5% stock dividend and Wayne has retired. I hold a position that I have had for centuries. I also use it as a trading sardine as every once in a while it sells off down to its book value and one can load up and sell that position for a nice profit. Food is not going out of style and ADM and Cargill manage the commodity business fairly well. <g> Joan