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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (4265)1/28/1999 9:31:00 AM
From: Bob Trocchi  Read Replies (2) | Respond to of 4634
 
Bill...

FWIW. I found this on the WSJ Interactive site this A.M. Just a small "snippert" from the article. Since "analysts" have NEVER been wrong before, guess it is time to take profits. <G>.

>>It's not just the online retailers that are being hurt by the pricewar.com trend. Some hedge funds say they are even laying bets against some traditional retailers such as Wal-Mart Stores Inc., Costco Cos. and Nordstrom Inc. on the theory that the retail business is a "zero-sum game," meaning any market share online retailers pick up through price cutting will be taken out of the traditional retailers' hides.<<

interactive.wsj.com

Bob T.