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Walgreen Co. Message Board

  • criminv criminv May 7, 1999 10:42 AM Flag

    Boring Stock

    This Stock is boring but at least it's consistent, when the
    market goes up WAG goes down, when the market goes down WAG goes
    down, anybody see anything wrong here?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I agree with all the technical analysis. The
      company continues to report great quarterly and monthly
      sales figures. They don't have any debt. At the same
      time the company has been inching its way downward. I
      am looking at this stock as a long term holding.
      However, over the past several months the company has
      shown only the most modest of increases, while when it
      drops, it drops sharply. For a company with such a
      strong reputation it has been acting more like a thinly
      traded small cap. Granted, I haven't owned the stock for
      years like some of you. However, I do believe in buy
      and hold, and have done pretty well with both tech
      and non-tech stocks.As for the previous respondent,
      put your sheet on and run around in the boonys with
      the other like-minded bigots.

    • Sorry I can't begin to remember. One thing I
      forgot to mention is with the 3 splits and dividends, my
      200 shares have grown to 1,660. It's funny, I just
      got home from playing squash and my partner during a
      break said his broker was trying to get him to buy some
      WAG but he said "it hasn't been doing anything" I
      told him my story and how I had just posted this board
      about 30 minutes earlier. It's a great stock for the
      long haul.

    • If you have been a holder of WAG for more than 1
      year you will have known how much money it has made
      you. If you can't handle a bit of sluggishness you had
      better get out - just sit tight and watch how decent WAG
      will treat you. Good Luck!!

    • Been long on WAG for many years. Enjoyed many
      splits and appreciation. You can count on a split
      everytime it gets to around 45-55 and stays there for a
      while. As long as WAG continues to increase sales and
      profits it will keep moving up. Check the charts over the
      last 10 years.
      Those with patience will reap the
      benefits from this steady rise. Those who bail out will
      lose.

    • Last year WAG was $16.75, now $25. A 50% pop in
      12 months is something I dream about, wish all my
      picks did this well. Yes, the last three months have
      been disappointing, but that is true for most
      retailers, Wal-Mart has paused after a nice run-up from last
      year. I'm not dumping at these prices and in fact have
      made a few quick trades in at $25-$26 and out at $28
      so the rewards are still there.

 
WAG
62.00-0.15(-0.24%)Aug 20 4:02 PMEDT

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