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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bobo who wrote (1069)5/14/1999 12:08:00 PM
From: Bill Wexler  Respond to of 10293
 
You need a reason? ;) Synopsis: DRD operates a small chain of drugstores in New York. The company is hobbled by excessive debt and what is becoming far more vicious competition from every angle. The best thing you can say about their income statements is that they have great tax-loss carryforwards. I dislike retail stories like DRD over the next decade for the inverse reasons that I like retail stories like Costco and Amazon.

I think that the stock will get cut in half. And it's a relatively low-volatility play.