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Non-Tech : Rite-AID (RAD) Overdone or Done In? -- Ignore unavailable to you. Want to Upgrade?

To: Maven who wrote (690)7/29/2003 6:28:45 PM
From: Skywatcher  Respond to of 700
 
As I said....it's those that I visit...not complaining about the stock price...just the local management
CC



To: Maven who wrote (690)7/30/2003 1:21:55 AM
From: geoffrey Wren  Read Replies (1) | Respond to of 700
 
dessauer was recommending this stock at $25. I guess he cannot change his tune.

There are about five Rite-Aids in the area around me. They all look shopworn. And their prices are high. That is a systematic problem with Rite-Aid.

Rite-Aid reminds me of K-Mart.

They do have a low PSR ratio, which provides for upside if they can turn things around. But I don't see it happening yet.


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