Wednesday, November 17, 2004

betting on Lampert

My latest buys were Kmart and Sears this morning as detailed in my stockmarketeers group. The success of this transaction will lie on Edward Lampert's ability to find value in the combining of the two companies. Given his track record, I'd give him a better than 50-50 shot.

Here's more on Lampert.

New York Times story

More on the merger from fool David Meier.

Morningstar's Pat Dorsey chimes in with this analysis

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