tag:blogger.com,1999:blog-9453798.post-74652942043801594312007-12-04T20:20:00.000-05:002007-12-04T20:20:00.000-05:00I was about to come in and say that it seems like huge semi-discount retailers like Sears have seen much better days and it isn't likely to be looking up for a while, then I looked at the stock chart and I see a rise from $12 to $200 (although it is currently in the $100 range) in a few years. Could you tell me what the story is behind this? It seems pretty amazing.<BR/><BR/>I live in Chicago and regularly visit the Sears around here and it never, ever struck me as a company I'd want to look into investing in. There were and are always more employees walking around than customers, nobody seems to be buying anything, people seem depressed, the flourescent lights give you a headache, and the list of problems I see personally when I walk into a Sears seems to go on forever. I see now that this was a mistake... but Lampert obviously has something going on if he was able to propel a company's stock that, on a surface level, seemed to be going into the sunset.<BR/><BR/>By the way, based on fundamentals alone I'd probably recommend Sears. $80 in Book/share and a P/E of 11 at the moment both look very good. Thanks for talking about Sears, it's something I would have never thought about on my own. I might have to visit the stores again soon and see if things have changed.John Christynoreply@blogger.com