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: reaper who wrote (74474)	5/23/2003 1:48:49 PM
From: ajtj99	Read Replies (1) \| Respond to of 209892

Rite Aid's finances are a mess. It's hard to even get a factor to take them now (sell the receivable). There is only room for two of the three major drug chains at the most, and CVS and Walgreens are far better positioned and financed than Rite Aid. All three of these drug chains have been expanding as if they're going to be the last ones left on the block. That can't happen, and it won't. Finally, Walmart is exploring a neighborhood drug store concept. Rite Aid is a bloated mess compared to what Walmart could do in that area. Walmart needs to continue to grow, and they should eventually dominate the retail grocery and drug business if their past success is any indicator of future success.