Thu, Jul 24, 2014, 5:55 AM EDT - U.S. Markets open in 3 hrs 35 mins


% | $
Click the to save as a favorite.

Walgreen Co. Message Board

you are viewing a single comment's thread.

">view the rest of the posts
  • meheshy meheshy Jan 17, 1999 12:04 PM Flag

    wag stock 2

    I've focused on WAG as I was impressed on how
    they are setting up new stores in growing areas, that
    will have a disproportionate amount of growth viz a
    viz baby boomers beginning to use more of WAG

    Summer of 1997 found me in a new WAG at
    Pima and Pinnacle Peak in North Scottsdale. While on
    vacation I needed medicine for my daughter. WAG got it
    from the computer. Nice. But more impressive was the
    drive thru; good for the soon to be seniors who will be
    buying property in the desert up there. When I was there
    last, the area was still wide open. I bought property
    for retirement in a community with 1400 lots, of
    which perhaps 200 were sold. Now all but 200 are sold.

    Common sense tells me this will be one very high
    grossing WAG store.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Drive thru were not set up just for seniors but
      for the convenience of mothers with children,ill
      customers, lazy people and people without make-up. However,
      this is a double sided sword; they buy less(less
      impulse purchases) when using the drive-thru. As far as
      the real estate--Walgreens demographics are
      great---give them a street and they'll put a pharmacy
      there---then "they will come". The desert is getting
      crowded--expansion to the the far west of Phoenix, and north of
      Phoenix and South of Phoenix and East of Phoenix--does
      that cover all directions. Scottsdale may be as big as
      Phoenix in ten years, so that area needs more Walgreen
      stores; but they are meeting great resistance. My
      suggestion to you would be to buy more real-estate and WAG.
      The population of Arizona is expected to be around 27
      million by 2010. Where are we going to put all those

    • I recommended WAG to our investment club when it
      hit a high of 30. I was unable to attend our last
      meeting and the members sold it out at 52, which made me
      a little unhappy. I would have liked to have kept
      it, but now I am thinking about buying a nice chunk
      on my own. Any opinions?

72.90+0.04(+0.05%)Jul 23 4:02 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.