I have been following your posts for along time!
I think that you were one of the firsts in yahoo's
wag board. Keep running your observations--as a
WagDog ( one who works hard for the company ) I
appreciate your input. I wish more people would give us
input..Sun Tzu in "art of War" said that a wise general can
win the war if he knows how many times the enemy
washes their pots while at camp. Subtlety ( sp ) is very
important.. Go WagDogs! go WAG!
Critizism and analyses is great but knocking a
company on a competitors board to make you look great is
cheap. Answer the questions put forth to you and look at
the long picture. Your credibility has already been
shot im many of our books because you are two faced
and have a tendency to change your story a bit too
much. Go back to the rad board and cry with your
who cares about some pea brain buying spree,lets
openings,volume,risk,etc..come on guys
don't look luck a bunch of rookie
wanabees,if you do move your posts over to the penny stock
pick of the day club...:)
were a great buy up till WED. I would not touch
th JUnes because they expire prior to earnings but
the I was able to pick up the July 22.50 at 2 bucks.
I am primarily an options trader and have taken
some losses in the past weeks so I am now looking for
options at prices that I would not mind calling them at
but with WAG the options up up over a point so I am
waiting for that same stores report today and then will
lock in some profits.
GO WAGS #1 in their business!
CRW is relocating or building a new store nearly
everyday of the year. This year they are opening 300+
alone. Older stores are being relocated to new free
standing locations and out of the strip centers. Walgreens
has the youngest "fleet" of stores in the nation
regarding national drug stores. Do not believe me?
Obviously you may not have really checked into company
before you bought. If you did, welcome aboard and enjoy
the long haul ride to retirement.
The closing today has been earned. WAG has
reported 24 consecutive years of record earnings, and
expects the trend to continue. The company has opened 160
stores during the first half with 31 relocations. Wag
expects to exceede the goal of opening 365 stores this
year. As of February 1999 they operated 2667 stores and
intend to have 3000 stores by the year 2000. The
estimated figure is to have 6000 stores by 2010. Wallgren's
is the lumbering giant of the retail drug market.
WAG is a pay as you go Company and is essentially
debt-free. Not only are they building new stores, management
is investing in the future by adding distribution
centers and store systems along with the on-line .com in
fall. This stupendous planning is why WAG is Number 1
and will continue to be.
Wag continues to
spread the Headquaters expenses over a larger sales
base. There by lowering the coperate overhead per
store. This cost has to be going down as the sales
continue to accelerate with record earnings,which in turn
is creating higher profits allowing the debt free
This is a stock that lets you sleep at night an not
worry about what has been reported as earnings and if
they can pay their bills. The Company is honest and
what is reported is a number they don't have to be
disgraced by retracting later as some competiors
If a .com drug on line is out there that can come
close to a record like this I would like to hear about
it. GO WAG
If there was any serious doubt about this
company, it is over.
Look at the same store sales
numbers. Look at the front cover and feature article from
Barron's last week(amazon.bomb). No one out Walgreen's
Walgreens. This is a well run company. It is probably the
best run company in America. Sure there are still
concerns over internet pharmacies and competition, but
let's face it, WAG will prosper and thrive despite all
of the competition. The rally is on. The buying
oppurtunity has already come and will soon be over. The train
is leaving the station. All
aboard!!!!!!!!!!!!!!!!!!!!! Need I say more?