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Re: J7P post# 50204

Thursday, 11/28/2002 7:41:52 PM

Thursday, November 28, 2002 7:41:52 PM

Post# of 704019
WAG- I use to follow WAG more closely before the bear market but not as much anymore. The problem I see with WAG, CVS, RAD and Eckerds is that they are all butting heads with each other in the major markets. Not one shows a true margin of difference to capture consumer loyality like HD's advantage that it had for many year's until LOW got smart. I do believe that the industry's prospects are the best for all the different retailers going forward. I think WAG will perform with the market going forward but I also think they are fairly priced at this point with some upside potential as they are currently in the lower part of a channel. I see "boring" performance for a buy and hold. A position or swing trade in the channel would be more interesting to me but I don't see the risk/reward to do it myself.

http://biz.yahoo.com/rb/021125/retail_walgreen_1.html

Joe


Joe

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