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Non-Tech : Wal-Mart -- Ignore unavailable to you. Want to Upgrade?


To: Terror who wrote (309)12/2/1997 9:45:00 AM
From: Chip Roos  Read Replies (1) | Respond to of 1166
 
Marcie:
I think that Nike is perhaps the best footwear company of the 90's however I can tell you that athletic footwear is definitely declining a bit. Followers of Nike will tell you, as will Phil Knight himself, that Nike doesn't sell shoes, they sell marketing. And they do it very well.

I am embarrassed to say that I have never owned Nike stock and missed the unbelievable rise over the past 10 years. But I also think that Nike has become so large that it will be very hard to continue their success....and the athletic/fashion customer is fickle.

At this point, I would probably hold the stock. Nike is the best but you may need to be patient for a period of time. I have seen companies like Reebok, LA Gear and others fall apart. I don't think that will happen with Nike but they are soooo large and their stock has been soooo overvalued in my opinion, that we are seeing a dose of reality right now. Be patient and good luck.

WMT continues to climb. I may throw in a Coke.

Chip



To: Terror who wrote (309)12/4/1997 11:26:00 AM
From: Ken Turetzky  Respond to of 1166
 
Wal-Mart Same Store Sales Climb 14% To $10.6 Bln

Federal Filings via Dow Jones

FORM TYPE: PRNews
ISSUER: WHOLESALE CLUB INC.
SYMBOL: WMT

BENTONVILLE, Ark., Dec. 4 /PRNewswire/ -- Wal-Mart Stores, Inc.
reported net sales for the four-week period ending November 28, 1997, of
$10,655,000,000, an increase of 14.0% from the $9,350,000,000 in the
similar period of the prior year. For the 43-week period ending
November 28, 1997, sales increased 12.3% to $93,565,000,000.

Sam's Clubs sales for the four-week period were $1,793,000,000,
up 5.4% from $1,701,000,000 in the similar prior year period. Club
sales for the 43 weeks of $16,610,000,000 were up 3.9% over the similar
prior year period.

Comparable sales for the periods were as follows:

4 Weeks 43 Weeks
This Year Last Year This Year Last Year
Wal-Mart 6.5% 2.5% 6.8% 4.7%
Sam's Club 4.4% 9.0% 3.2% 2.4%

Total Company 6.1% 4.0% 6.0% 4.1%

As of November 30, 1997, the Company had 1,904 Wal-Mart stores,
436 Supercenters, 444 Sam's Clubs, 9 Argentina units, 8 Brazilian units,
144 Canadian Wal-Mart stores, 3 China stores, 2 Indonesian Supercenters,
398 Mexican units, and 13 Puerto Rico units.

Wal-Mart (WMT) operates in all fifty (50) states, Argentina,
Canada, Mexico, and Puerto Rico, and in Brazil, China, and Indonesia
under joint venture or franchise agreements. Wal-Mart employs over
700,000 Associates in the United States and 100,000 internationally.
Its securities are listed on the New York and Pacific stock exchanges.

bbs

/FEDERAL FILINGS CONTACTS: (202) 393-7856 FOR EDITORIAL,
(800) 487-6162 FOR DOCUMENT SALES,
(202) 628-8990 FOR NEWSWIRE SALES,
(888) FED-FILE FOR TECHNICAL SUPPORT,
& fedfil.com //