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From: crb <crbe...@cox.net>
Date: Wed, 21 Oct 2009 13:51:47 -0700 (PDT)
Local: Wed, Oct 21 2009 4:51 pm
Subject: Note to Wal-Mart
You do realize you have shareholders don't you? You do realize that
continued price cuts and a self-imposed attack on profit margins doesn't help shareholders today right (highly questionable what these will do to "grow the moat" in the long run)? You do realize that shareholders own the company and therefore expect 1 dollar of market value for every dollar reinvested (which you are not providing at this time) right? You do realize that, although you expect us to be patient as you parade around and sing about how great you are (specifically the CEO) and how no retailer can compete with you, we are only getting a 2% dividend yield from a very mature company right (which is pathetic)? You do realize that your shareholders are, and/ or are getting, just a tad frustrated with the BS speeches about "increasing shareholder value" right? Where's the $15 billion buyback? If you were honestly taking that
Isn't it just a tad bit ironic how the CEO speaks today and Mr. Market
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