To: A CA Guy
"Pssssssssst, these stores only have a 1% profit and will go down like a ton of bricks with Wal Mart markets."
Their profit is higher than that BUT it is low. They make it up in volume.
83 posted on
10/18/2003 9:48:45 PM PDT by
nmh
To: nmh
I thought so to, but then there was the story of the amount they made in profit and it was around 1% of the value of all their entire assets.
They could do better liquidating these companies and getting 1.5% CDs.
They are not doing real well at all, though buying Stater Brother stock short term could be a wise move.
85 posted on
10/18/2003 9:59:36 PM PDT by
A CA Guy
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