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


To: Anthony who wrote (690)5/13/1999 4:40:00 PM
From: Arthur Radley  Respond to of 1166
 
Buy it . Put the shares in lockbox, come back in a few years and be happy that you bought at these levels. This is what I did and my average share price today is under $4.00.(:>)



To: Anthony who wrote (690)5/13/1999 9:13:00 PM
From: mg1041@aol.com  Read Replies (1) | Respond to of 1166
 
Perhaps the suite was the catalyst?
comments?



To: Anthony who wrote (690)5/15/1999 12:23:00 AM
From: i101  Read Replies (1) | Respond to of 1166
 
Good news from the Bloomberg.com:

"And now, retail wonderboy Wal-Mart (NYSE:WMT) announces it is shopping for a portal -- possibly Lycos (Nasdaq:LCOS) - to assert itself in the Internet economy.

What in the name of 30-something PE ratios, 10 percent annual revenue growth, "Buffetology" and the blue-chip CNBC stamp-of-approval is going on? To sort of coin a phrase, 'It's the new economy, stupid.'"

quote.bloomberg.com.