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Walgreen Co. Message Board

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  • taiguyandcheeky taiguyandcheeky Dec 4, 2006 6:59 PM Flag

    CVS down now....so much for great

    �Dude, I held this investment since 1999�

    This is the explanation I�ve been waiting for. You bought in 1999 near the peak of the market bubble when WAG was trading at some ridiculous PE in the high 40�s. The entire market subsequently tanked over the next several years. And now you blame Walgreens for its poor stock performance since then.

    I�m sorry for your poor timing, but you have only yourself to blame. Since then, Walgreens has done what it�s suppose to do: execute, increase profits and expand even way beyond projections. And despite WAG�s tepid performance, it has still far exceeded that of the S&P 500 since then.

    Why did you buy when WAG was so obviously over-valued? What do you think management should have done differently?

 
WAG
61.05-0.02(-0.03%)Aug 22 4:02 PMEDT

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