for the WMT decline after the last split. WMT had gotten itself in so much debt that investors lost confidence in it. The National Association of Investors, Inc dropped WMT immediately after the split because their long term debt was 70 percent of stockholder equity and NAIC considerd this a NO NO of the highest order. So there was a reason for the fall. There are no such conditions working on WMT today. Today it appears that all systems are GO for WMT.
either died, or was near death at the time of the last split, at that time for whatever reason, either ignorance or miss-information, the over all public thought wal-mart could not survive- this included a lot of expert analist. Brokers, and analist alike were not recomending wall-mart, as they had prior to Sams death, and that was the reason the stock was flat and down during this period. Believe me folks my wife works for Wal-mart and I live less than 10 miles from there headquarters and though I cant promise the stock will ever go up one more penny I do know that THIS IS ONE FINE COMPANY,and if wallstreet has any success as a whole, this stock will succeed as well
the BD learned their lessons in those 3 years & have now built bases that WILL NOT LOSE, but move ahead into the next century, with unparalled sales of all time. Let's put those years back into the archives & bury them forever. WE ARE NOW IN THE GREATEST ERA OF ALL TIMES.