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

To: therin s. hill who wrote (630)	3/5/1999 12:13:00 AM
From: Ibexx	Read Replies (1) \| Respond to of 1166

From OptionInvestor Newsletter (3/5/99): "WMT $89.38 +2.00 (+3.94) They did it! Wal-Mart finally announced a 2-for 1 split after the market closed today. In the Sunday, 2-28 newsletter, we commented that we were still playing WMT as a split candidate. We said, "With other companies announcing splits well after announcing earnings, it is still a possibility." Not only did WMT announce a split, they also increased their dividend by 29% and expanded their share repurchase program by $1.2 billion to $2 billion. WMT's sales numbers for last year were outstanding, and February sales, just released, show continued strong increases in both total and same-store sales. Today's announcements demonstrate the Board of Directors' confidence in WMT's future growth." Can't wait till tomorrow.... Ibexx