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To: Broken_Clock who wrote (16855)4/15/2003 12:52:02 AM
From: Larry S.  Respond to of 78627
 
RAD Rite-Aid- up 7% today. here's the news:
Shares of Rite Aid rose 7 percent, leading retail stocks Monday as investors
turned their attention back to earnings prospects while the first U.S. forces in the Middle East got orders to
go home.

Rite Aid (RAD: news, chart, profile) took
the top spot after Standard & Poor's said it
may raise credit ratings on the company
and Rite Aid Lease Management because
of the drug-store chain's improving
operating performance in recent years.

The rating agency also liked the looks of
the Camp Hill, Pa.-based company's balance
sheet with a proposed new $2 billion credit
facility. Earlier Monday, Rite Aid said it
would offer $350 million in seven-year
secured notes as part of a planned
refinancing to replace the company's senior
credit lines.

Separately, a Raymond James analyst
raised the rating on Rite Aid's shares to
"market perform" from "under perform."

At the close, Rite Aid shares stood at $3.06,
up 20 cents.

i've held a small position in this company for about 2 years now. larry



To: Broken_Clock who wrote (16855)4/15/2003 12:52:03 AM
From: Larry S.  Respond to of 78627
 
RAD Rite-Aid- up 7% today. here's the news:
Shares of Rite Aid rose 7 percent, leading retail stocks Monday as investors
turned their attention back to earnings prospects while the first U.S. forces in the Middle East got orders to
go home.

Rite Aid (RAD: news, chart, profile) took
the top spot after Standard & Poor's said it
may raise credit ratings on the company
and Rite Aid Lease Management because
of the drug-store chain's improving
operating performance in recent years.

The rating agency also liked the looks of
the Camp Hill, Pa.-based company's balance
sheet with a proposed new $2 billion credit
facility. Earlier Monday, Rite Aid said it
would offer $350 million in seven-year
secured notes as part of a planned
refinancing to replace the company's senior
credit lines.

Separately, a Raymond James analyst
raised the rating on Rite Aid's shares to
"market perform" from "under perform."

At the close, Rite Aid shares stood at $3.06,
up 20 cents.

i've held a small position in this company for about 2 years now. larry



To: Broken_Clock who wrote (16855)4/15/2003 12:52:03 AM
From: Larry S.  Respond to of 78627
 
RAD Rite-Aid- up 7% today. here's the news:
Shares of Rite Aid rose 7 percent, leading retail stocks Monday as investors
turned their attention back to earnings prospects while the first U.S. forces in the Middle East got orders to
go home.

Rite Aid (RAD: news, chart, profile) took
the top spot after Standard & Poor's said it
may raise credit ratings on the company
and Rite Aid Lease Management because
of the drug-store chain's improving
operating performance in recent years.

The rating agency also liked the looks of
the Camp Hill, Pa.-based company's balance
sheet with a proposed new $2 billion credit
facility. Earlier Monday, Rite Aid said it
would offer $350 million in seven-year
secured notes as part of a planned
refinancing to replace the company's senior
credit lines.

Separately, a Raymond James analyst
raised the rating on Rite Aid's shares to
"market perform" from "under perform."

At the close, Rite Aid shares stood at $3.06,
up 20 cents.

i've held a small position in this company for about 2 years now. larry



To: Broken_Clock who wrote (16855)4/15/2003 12:52:03 AM
From: Larry S.  Read Replies (2) | Respond to of 78627
 
RAD Rite-Aid- up 7% today. here's the news:
Shares of Rite Aid rose 7 percent, leading retail stocks Monday as investors
turned their attention back to earnings prospects while the first U.S. forces in the Middle East got orders to
go home.

Rite Aid (RAD: news, chart, profile) took
the top spot after Standard & Poor's said it
may raise credit ratings on the company
and Rite Aid Lease Management because
of the drug-store chain's improving
operating performance in recent years.

The rating agency also liked the looks of
the Camp Hill, Pa.-based company's balance
sheet with a proposed new $2 billion credit
facility. Earlier Monday, Rite Aid said it
would offer $350 million in seven-year
secured notes as part of a planned
refinancing to replace the company's senior
credit lines.

Separately, a Raymond James analyst
raised the rating on Rite Aid's shares to
"market perform" from "under perform."

At the close, Rite Aid shares stood at $3.06,
up 20 cents.

i've held a small position in this company for about 2 years now. larry


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