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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (31519)	2/19/2002 9:29:50 AM
From: yard_man	Respond to of 209892

>>Total sales were $64.211 billion, an increase of 13.5 percent over the similar prior year quarter.<< I would say this is phenomenal, but I suspect a couple of things are at work here. 1) A one-time seasonal shift in buying and 2) a move by folks to save money. I simply hate shopping at WMT, but low prices combined with not having to make a trip to 4 or 5 stores for other items has me hooked. They have been very successful in the grocery biz Bulls may want retailers as a whole here -- thinking it is the last best place to stick funds, but it is really only a select few which are doing well ... and only that by beating the crap out of the others. At some pt profits will have to be sacrificed to gain further share.