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Non-Tech : Natural/Health Food Industry Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Mao II who wrote (154)1/7/1999 5:02:00 PM
From: organicgerry  Read Replies (3) | Respond to of 337
 
Could this be a reaction to the GNC/Rite Aid deal? If so, it doesn't make any sense. Rite Aid is not going to take business away from WFMI.

When I go to my local WF they are real busy -- taking in big bucks.

Today's drop brings the P/E ratio down to 27. I see lots of tech firms growing slower than WFMI with much higher P/Es.

All the action now is in the blue chip tech stocks, the small caps are languishing. Still, at some point, rationality and logic will prevail and money will come back into this stock.

Like everyone else holding OATS, WFMI, NTOL, TWLB and others, I am frustrated to hold these while the market is soaring.

Meanwhile, it seems like $50 is a brick wall.