Well, well, Walmart earnings are out and the Street did not like them (source--MSN Money 13 May 2005).

Walmart took a hit, both on Thursday and Friday--still dragging along the bottom of its 52-week range--in fact, as I pointed out earlier, anybody who bought Walmart in January 2000 is still considerably below water.

Interestingly enough, however, Target did fine, and Costco is still in the middle of its 52-week range. Aside from Walmart, the retail sector appears in good shape.

Certainly hope Doug R and "Martin" followed their own advice and rushed out to buy Walmart stock when they were urging everybody else to do so. I'm sure they did buy it then, since they certainly wouldn't want to be considered hypocrites.

The word is that Walmart is feeling the effects of its wretched policies towards its own employees, resulting in an amazing cornucopia of legal problems (perhaps they should change their name to "Lawsuits R Us"). The suits include gender discrimination and wage and hour violations, among many, many others.

But not just that--Walmart is "struggling with same-store execution".

Translation: Walmart is rotting.

Come on now, Doug R and "Martin"--get out there and buy that wonderful Walmart nerchandise you crave so much. Don't let the team down.

With "Martin" 's wonderful instincts, its no wonder he's such a successful businessman.