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  • Sears, Target, Office Depot, Walgreen: Bargains in the Retail Basket
    I agree with one of the previous posters about Sears - they are probably the WORST run major retail chain out there and I don't see how they can compete with Target or WalMart in any environment. Tongue's arguments just don't hold much water either:
    - 'Repurchased 33 million shares the past 3 years' : Yes, at prices much higher on average than today. Shows bad management of cash by the company.
    - 'Sum of the parts potentially worth a great deal more than current market cap' : And how do you conclude this? It is such a vague statement, you would think you are listening to a bad politician's press conference.
    - 'Trading at significant discount to current $100 price' : Ditto
    May 08 18:11 pm |Rating: 0 0 |Link to Comment |View article

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