a good reason for that. The company is/has been in
the crapper for a long time. Rudderless, listless, no
strategy means no/lousy profits, underperforming stock and
stockholders heading for the exits (rightfully so, I might
<<<Stock is still very cheap
fundmentally and could be in beginning stages of a good move
I doubt that. Don't hold your breath waiting for
the big move up. I still recommend changing the
ticker symbol to DUMP. It's overdue.
Let's see, the fundamantal values of DEMP vs.
WAG. WAG better sure as hell better have neater
shelves in it's stores cause it's valued much richer than
Drug Emporium. I happen to own both stocks and DEMP
has far more potential for rapid price growth than
WAG. DEMP's management is aware that improvement is
needed and they are on top of it, plus they are well
ahead of WAG on internet trade and soon will be coming
out with the BEST drug store internet site
Yes WAG is a good stock and even pays a 1/2% dividend
(WOW!), but I must agree with tresfind, DEMP's stock
represents a much better risk reward than WAG at current
price levels. One can buy almost 1000 of DEMP for 100
shares of WAG and for my money DEMP is the best value in
the retail drug industry. Yes, WAG may be better
today BUT not 10 times better. Look at the investment
parameters of both companies and you'll find one thing -
either DEMP is still undervalued OR WAG is overvalued.
My monies on the former. Happy investing!
where the hell is a demp?i never heard of it .
ihave never seen it.i live in the chicago metro.
area(home to wag)is demp. in a different area?how many
stores?will there be 6k new ones in 10 years?drug retailing
is and will continue to be profitable but wag is a
blue chip and will continue to prosper.oh yeah wag is
everywhere and growing with little or no debt.
Neater shelves has nothing to do with fundamental
values. Neater shelves sometimes means you don't have any
customers to mess them up. If "neater shelves" was all you
got out of my message, then I failed to make my
point. When I mentioned "in-stock condition", I was
referring to whether or not they had huge, gaping, empty
spots on their shelves. This could indicate a
replenishment problem such as poor ordering, warehouse outs, or
vendors that are leary of giving credit for fear that
their invoices won't get paid. Does the merchandise
match the shelf tags, or do they have an abundance of
one single item "dummied" across an entire shelf
where many different items should be? When I said
"organization vs. clutter", I meant the store in general. Do
you trip over cardboard displays of bunny shoes in
the middle of the aisles? Do you have to guess what
the prices of their merchandise are? Are the
endstands effectively merchandised or just thrown together
with a box of this and a box of that with no
promotional signage? In response to the rest of your
post---You say "DEMP has more potential for rapid price
growth than WAG"----Based on What????? "DEMP's
management is aware that improvement is needed and they are
on top of it". Were they on top of it last year? How
about the year before that? For that matter, what about
the last decade???? How long have they been on top of
it???? "DEMP will soon be coming out with the Best drug
store internet site around" Says Who? and So What? What
make you think that a company can run a drug store
internet site any better than they can run a drug store? I
tell you what---Why don't we both post again a year
from now and compare WAG's performance with the "best
value in the retail drug industry".
<<<DEMP has far more potential for rapid
price growth than WAG.>>
I would bet a lot
of people have been saying this for a lot of years.
Actually, you are falling into the William O'Neill trap of
buying the yellow dress because it is deeply discounted,
when the reason that it is deeply discounted is that
nobody wants it.
Bottom line, pal: If you like
DUMP, buy it.
correct.....a lot of the time if not most of the
time it is the insurance industry that dictates which
rx company that one goes to.this being the case then
bigger is better.the one who has the lead(wag)is the one
that will be able to offer the most attractive
contracts to the ins. industry.after all the ins. industry
is in the business to make $$ .not because they are
genuinely concerned about your health.it's kinda like the
recent conglomeration of large intenet companies.they
realize going forward bigger gives them the best chance
to sustain a lead.wag=6k more stores in ten
years......and the closest competitor?????
The people who are telling you that are wrong.
You will never miss out or lose half of your money
because of a split, no matter when you bought the stock.
You could even buy on Feb 11th and be ok. If you paid
the pre-split price then you will get credit for the
split and your shares will double. If you paid the
post-split price, or "when issued" price (somewhere around
$30- $31)then you already have the post-split shares,
or at least a due bill for the post-split shares
which will be sent to your broker on the split date.
Here is a web site that can explain it much better
than I. Click on stocks then
P.S. you picked a great investment
I know most of the Southern California RAD stores
were former Thrifty Stores, which looked crappy before
RAD came along. I really don't see much difference
between a WAG store and a Thrifty Store EXCEPT for the
fact WAG is adaquatly staffed, CLEAN, neat, STOCKED,
and well you guys get the picture. But RAD doesn't
want to clean up the Thriftys... give them some new
paint and fixtures, they have to spend hundreds and
thousands of dollars to extensively remodel the stores. WAG
will do well in Southern California. Not much there
other then Sav-On and Rite Aid. Look at how well WAG
does in Arizona, where the only competition is Osco
(same company owns Osco and Sav-On for those of you
that don't know). Rite Aid, in my opinion, is a better
operation then Sav-On. Sav-On is crappy. They will be out
of stock on regular stock items for at 2 weeks
before they get the item in stock. They are worse then
RAD! Still, I have not delt with the RAD RX
Department. Seems like they are getting alot of RX business
here though, while the front end is DEAD. Strange.
The margins on the drugs that WAG sells is so
good, they don't need them to come in and buy lost
leaders to drop their profit margins. They make their own
drugs!!!!! Profit margins are in the hundred fold!!!!!
have time to educate you. more over i don't care
to but i'm not leaving.besides no matter how much of
an ass you make of yurself i'm to happy to care and
i've already dealt with you .now you just bore me
.(not the way you think of)i continue to make big
$$,$$$.$$ everyday now with DELL you loser.wag is still a
10 year hold.so don't be discouraged.lol
go here, and promote it, not many people there now,
but is lot better then yhoo. at go.com there is no
delay with your message and as more people come they
have serveys and vote there.
<<The corner store is over in 90% of our
I could not disagree more. People have less and
less free time and want to get what they want as fast
a possible. The category killers (WMT, HD, etc.)
have eliminated most of the middle-size players and
builit their own superstores. The downside of these
superstores is that it takes forever to get in and out. The
point I often make to people is that you can get in and
out of a WAG faster than you can walk across the
parking lot of a Walmart Supercenter. :-^) As the
populations ages, they will have less tolerance for the
megahypersuperstores. And a clean, uncluttered,
right-around-the-corner, just-the-right-size Walgreens is exactly what
they'll be looking for. Plus, these aging boomers are
going to have comfortable retirements and aren't going
to be motivated by the fact that WMT is a nickel
less on toothpaste. WAG is better positioned than ANY
other retailer to take advantage of these trends.