large percentage gains of retail sector in general may slow but the co. is still forcasting that they will meet earlier stated sales plan. if market continues to slide i see a bottom of 41 for sears, or a pe of 12 in other words. a sale of homelife or parts america will give a lift to sears stock if it takes place. low interest and inflation rates will continue to work in favor of retail allowing a low cost of inventory as well as continued positive bias consumer sentiment. if housing market stays strong, durable goods should continue to sell well and if it weakens remodeling should give home improvement products continued sales growth. a win win either way. i agree that i would not be a buyer, other than to be involved in the employee discount program, at the current price. however if s hits the 41 target i mentioned earlier i would recommend taking a position. (by the way, cmgi up today for those who may have seen my earlier posts. geocities ipo monday will support cmgi. wall street journal will have positive article in 8/5 edition on cmgi.) good luck to all.