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Investorman

03/06/03 1:44 PM

#30 RE: xxrayeyes #29

WMT has traded at a premium for the last 20 years. Not likely to change at this point especially since the company's most recent forecast was that revenue is expected to double in the next 5 years. I would take that forecast with a grain of salt from most companies but WMT has a long history of being conservative in their forecasts.

I should probably note that I don't "trade" stocks. I have owned WMT for 25 years now so I guess I would be classified as a long term investor - lol.