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Non-Tech : Whole Foods Market (WFM) -- Ignore unavailable to you. Want to Upgrade?


To: Alan Rosen who wrote (166)8/4/1998 1:48:00 PM
From: organicgerry  Read Replies (1) | Respond to of 438
 
The natural/organic food business is growing rapidly and this will continue for years to come. The question is, how do we best capitalize on that trend?

In natural food retailing we have only two strong players. My thought was to invest in both. Both will benefit as the industry matures. I wouldn't even be surprised to see a merger in the future.

There is tremendous room for growth for both players. For example, the first OATS/WFMI store will enter Atlanta in 1999 -- yet Atlanta could probably support 8 or 10 stores.

I am a long-term investor in these stocks. I bought them both in the teens. I believe they will make new highs for years to come. Thus, today's drop seems like a great entry point. It could drop further, especially if the broader market continues to sell off. So you could get a partial position now and dollar-cost average in.

TWLB dropped $10 today (no news I could find), that seems like a great buying opportunity also.



To: Alan Rosen who wrote (166)8/4/1998 1:55:00 PM
From: organicgerry  Read Replies (1) | Respond to of 438
 
Article on today's drop:

cbs.marketwatch.com