I'm sure shareholders are frustrated. |
It's about time they did something about the threat to a key business. They sell music already; why not bring it up to speed? |
The market seems to have come to the conclusion that the 28 percent operating returns that (Wal-Mart) earned before the 2001 recession are a thing of the past. |
The potential loss is greater than the actual loss, and I think the actual loss is tiny. |
They accomplished the most important thing for a retailer in that they sold more stuff. |
They take the locations that are desirable . . . that they can get. |
Wal-Mart will have more than doubled earnings per share between 1999 and the current year but to no avail. It appears that the stock -- if and when it recovers from recent losses -- will have spent seven years in a trading range. |
You might say that it does appear that they want to capitalize on the center of San Francisco downtown retail expanding and moving south. I guess they want to own the whole thing. |