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Walgreen Co. Message Board

  • byenhold byenhold Apr 2, 1998 11:27 AM Flag

    Past history...

    shows that WAG splits 2/1 when the price gets to the 50-60 range. I doubt we will actually see the price ever get to $100.00 without a split.

    However, 50-60 is still a ways off -- next year perhaps?

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    • Frankly, you people scare me. "Boy, I think we'll see a hundred bucks a share in the near future, etc.", "Hey, that's great,
      me too", etc. Let me say this. I've been a WAG holder for 10+ years, used to work there, etc., love the stock, etc. That said,
      WAG is overextended given its current fundamentals. Goldman Sachs, who without question is the best research house on the
      street, has been saying as much for the past several months. It seems like a fair amount of you people just think the ride is going
      to be endless and valuations don't matter. I suggest you temper your expectations a bit.


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