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Nordstrom Inc. Message Board

  • mgmrocks mgmrocks Jul 6, 2004 10:21 AM Flag

    Major Blow up about to happen

    This stock is way overvalued and the retail sector is taking it on the chin. JWN will be its next casualty.

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    • JWN earnings this quarter expected to be up 58% over last year, with growth expected in the next quarter also. With JWN's PEG less than any quality retailer(check it out), the most loyal customer base in high end retail short of maybe Bloomie's, and the hope for someone who may care a bit for the economy(such a novel concept!) in the White House this fall, I look forward to a good retail year which is also supported by new consumer figures. JWN will benefit from all.

      A suggestion for credibility: instead of posting your opinion of strong sell or whatever, support it with substance or don't post.

 
JWN
75.12-0.18(-0.24%)Jul 2 4:04 PMEDT