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Let's see, the fundamantal values of DEMP vs.
WAG. WAG better sure as hell better have neater
shelves in it's stores cause it's valued much richer than
Drug Emporium. I happen to own both stocks and DEMP
has far more potential for rapid price growth than
WAG. DEMP's management is aware that improvement is
needed and they are on top of it, plus they are well
ahead of WAG on internet trade and soon will be coming
out with the BEST drug store internet site
Yes WAG is a good stock and even pays a 1/2% dividend
(WOW!), but I must agree with tresfind, DEMP's stock
represents a much better risk reward than WAG at current
price levels. One can buy almost 1000 of DEMP for 100
shares of WAG and for my money DEMP is the best value in
the retail drug industry. Yes, WAG may be better
today BUT not 10 times better. Look at the investment
parameters of both companies and you'll find one thing -
either DEMP is still undervalued OR WAG is overvalued.
My monies on the former. Happy investing!
where the hell is a demp?i never heard of it .
ihave never seen it.i live in the chicago metro.
area(home to wag)is demp. in a different area?how many
stores?will there be 6k new ones in 10 years?drug retailing
is and will continue to be profitable but wag is a
blue chip and will continue to prosper.oh yeah wag is
everywhere and growing with little or no debt.
buy a stock low and sell high, OR high and sell
higher. WAG's price may improve BUT it's very rich. DEMP
is grossly undervalued compared to the rest of the
drug industry and has much more room to grow. Much
better risk/reward buying DEMP at these prices. IMO,
DEMP's a double by June. WAG may tack on 10 more
dollars, but % growth favours DEMP.
<<<where the hell is a demp?
The is/has been a bunch in the Phoenix area. They
kind of come and go, usually the franchisee in the
area goes bankrupt, they close a bunch, some other
franchisee comes in with his big ideas and they ramp up
again, then he goes bankrupt, etc. You get the idea. As
somebody mentioned previously, the retail concept at DUMP
is apparently "Put stuff on shelves and they will
Neater shelves has nothing to do with fundamental
values. Neater shelves sometimes means you don't have any
customers to mess them up. If "neater shelves" was all you
got out of my message, then I failed to make my
point. When I mentioned "in-stock condition", I was
referring to whether or not they had huge, gaping, empty
spots on their shelves. This could indicate a
replenishment problem such as poor ordering, warehouse outs, or
vendors that are leary of giving credit for fear that
their invoices won't get paid. Does the merchandise
match the shelf tags, or do they have an abundance of
one single item "dummied" across an entire shelf
where many different items should be? When I said
"organization vs. clutter", I meant the store in general. Do
you trip over cardboard displays of bunny shoes in
the middle of the aisles? Do you have to guess what
the prices of their merchandise are? Are the
endstands effectively merchandised or just thrown together
with a box of this and a box of that with no
promotional signage? In response to the rest of your
post---You say "DEMP has more potential for rapid price
growth than WAG"----Based on What????? "DEMP's
management is aware that improvement is needed and they are
on top of it". Were they on top of it last year? How
about the year before that? For that matter, what about
the last decade???? How long have they been on top of
it???? "DEMP will soon be coming out with the Best drug
store internet site around" Says Who? and So What? What
make you think that a company can run a drug store
internet site any better than they can run a drug store? I
tell you what---Why don't we both post again a year
from now and compare WAG's performance with the "best
value in the retail drug industry".
<<<DEMP has far more potential for rapid
price growth than WAG.>>
I would bet a lot
of people have been saying this for a lot of years.
Actually, you are falling into the William O'Neill trap of
buying the yellow dress because it is deeply discounted,
when the reason that it is deeply discounted is that
nobody wants it.
Bottom line, pal: If you like
DUMP, buy it.