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

To: Zen Trader who wrote (313)	12/18/1997 3:35:00 PM
From: Ken Turetzky	Respond to of 1166

R F, I'm wary of another decline back to the mid-30s or lower from this point, but will probably just continue to hang in with WMT. DLJ Securities said in its Dec. 25 retail report: "Wal-Mart has been running slightly below plan month to date, but still feels comfortable about its overall position." Goldman Sachs on Dec. 17 said: Broadlines Retailers George Strachan (212) 902-6708 Federated Department Stores (FD) $44.81 EPS (FY Jan): 1998E $2.55, 1999E $2.95 - Recommended List Wal-Mart Stores, Inc. (WMT) $40.75 EPS (FY Jan): 1998E $1.56, 1999E $1.75 - Market Outperformer * Sales are typically running below or at the low end of plan for most major retailers at mid-December, but we expect a strong finale with this year's extra pre-Christmas shopping day and late Chanukah.