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Sprint Corporation Message Board

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  • billberggren billberggren Oct 29, 2004 2:05 PM Flag

    Sears a growth stock in 2005?

    According to their latest quarterly report they had 280 millions shares outstanding a year ago. now they have around 200 million. Revenues are flat. RPS are up 40 percent. Earnings will follow if things breathe in the right direction. BTW, these 2 negative naysayers most likely work for Lampert. Why, you may ask. ESL is in the accumulation phase they will only report news with a negative spin. Then once virturally all the float is gone, they will announce some great earnings. The stock will explode like KMART then they will sell some for new investments.

    Lampert is the improved Buffett for the next 30 years.

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    • Oh, I see... RPS or revenue per share is up 40%. Who is this? Vette, is it you? You have to be kidding? Net income this year will be down over 90%. Total revenues are down 14% for the first three quarters. OUtstanding shares have decreased by 39%. Even using your logic Sears has only grown RPS by 19.6%. Less than half the 40% you claim.

      ESL is in the accumulation phase? When was the last time ESL bought any shares? Yup! You're right, I work for ESL. What a joke.

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