Forum Archive Index - October 2003

["winner69 ." <wwinner69@hotmail.com>]

Woolworths in Aust reaffirms earnings guidance for the year but CEO mentions 
that the Australia retail scene is a bit volatile and the share price takes 
a hammering

Now down to $11.40 which is 12% off the highs of a few months ago

Now at a respectable p/e of 16 odd - not much a premium to the market when 
earnings are growing consistently at double digit rates

Share in a definite downtrend at the moment but one worth while keeping an 
eye on for a buying opportunity when the price starts picking up

Snoopy has done some good work on WOW on the message board - have a look

_________________________________________________________________
Hot chart ringtones and polyphonics. Go to  
http://ninemsn.com.au/mobilemania/default.asp


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