Wal-Mart Stores, Inc. (WMT)

recover100 (< 20) Submitted: 4/16/08 3:41 PM

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and @ $57/per share today you gain is..........yeah, thats what I thought.......not a bad return at all, your welcome......

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madmilker (63.10) Submitted: 4/17/08 4:07 PM

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well.....this is why I have "always" been bear when it come to this stock!

quote***In China, as elsewhere, we follow the Wal-Mart tradition of building our business one store and one customer at a time. We strive to provide our customers with friendly service and a wide selection of quality products at Every Day Low Prices. With each Wal-Mart store we bring advanced retail know-how to the local market. By fostering a healthy, competitive environment, we hope to constantly improve our business operations and customer service in order to contribute to the prosperity of the local economy.

Wal-Mart firmly believes in local procurement. We recognize that by purchasing quality products, we can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally. We have established partnerships with nearly 20,000 suppliers in China. At Wal-Mart, we always work with our suppliers to grow together. In August 2007, Wal-Mart once again secured the top spot of the 2007 Supplier Satisfaction Survey conducted by Business Information of Shanghai. Additionally, Wal-Mart directly exports about US$9 billion from China every year. The export volume by third party suppliers is also estimated to be over US$9***end quote!

and everyone knows if you buy from your own country .....everyone has a job and the currency stays in the country and works it a!! off for everyone there....not like in America where it is sitting in a foreign bank waiting for the American government to bail it out by selling more debt.

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