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Walgreen Co. Message Board

  • one_for_you_two_for_me one_for_you_two_for_me Sep 5, 1999 8:21 PM Flag are 100% correct,,,,but

    no one here will believe you...all they know is
    sentimental b.s. about okay I bought it and it has doubled
    every two years....what they don't understand is that
    the stock doubled when the industry was a top
    performer and WAG could do no wrong.......well the industry
    is no longer in favor, and labor shortages are
    becomming a real problem in the mature markets--not to
    mention the fact that ALL internet related web start ups
    have lost some of their appeal....yes the techincals
    look very weak, but up 200 point days can make almost
    any stock look good....I will be buying with you @
    $20.....I love reading the posts here that wag will be $27
    next week or $50 by yr end...numbers are easy to pick
    out of the air, but no one has solid reasons for the
    runup (at least drugrunner tries to make a valid
    arguement..but interest rate scenario wont help
    him).......fumdamentals are very good B+ on a scorecard, but the
    technicals are C- at best, and more likely D+.....and absent
    any unforseen news, technicals always lead the
    way.........GO WAG...down to $20

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