look at it this way..... You think that long term employee sure showed the company. Man, he walked out!
Now fast foward to today. What is going on, now? The company is still #1 in the world, the company is still turning a profit, the new manager still has a job. The parking lot at that walmart is still full of customers cars. The corporate machine is still running fine. Two things might be happening with the associates who walked out. 1. They might not have a job right now. 2. They might have found a better job. No big deal either way. Personally, Im thinking that a 25 year employee that hasnt made managment yet, wasnt that great of an employee.

 

Here is another thing to look at....in the last 25 years walmart stock has gone up 8000%. If that employee was smart enough to invest part of every paycheck into employee stock, they could retire pretty wealthy right now. If they werent.....thats their problem for being boneheads

 

Actually since the mass walk out of emplyees happened sales are down at that one store 40% due to POOR CUSTOMER SERVICE. The employee I am talking about yes he does have options for stock BUT THE COMPANY ONLY ALLOWS EMPLOYEES TO BUY A MAXIMUM OF 20 SHARES A YEAR. They give the CEO MILLIONS IN OPTIONS but the heart of the company get the FREAKING SHAFT as USUAL. The store has also just converted to a Supercenter and the local grocery store is OUTSELLING it 3 to one on food and K-Mart is outselling it on everything else. They hired the LONGTERM assoc. that quit and the customers followed them the funniset thing is those assoc still get the employee discount at Wal-mart do to being with the company over 15 years.

 

Cough cough....BS
Walmart is a publically traded company, you are always free to buy as many shares as you want. Walmart only matches 15% on a limited amount, however you are still free to buy more.
Look dude, you cant teach me anything about walmart. Although Im not an associate, I am a shareholder and have been for many many years. Ive never missed a shareholders meeting. Hell, Im one of the people who votes for those benefits that are put into place. Not to mention that I live in Bentonville and know many many associates that do work there. Not only do I know many people who worked there, my family and the Waltons have been friends for quite some time. My father was Alice Waltons Director of Operations at her investment banking firm, Llama company. I spent my internship in graduate school as Alices corporate assistant at the same company. I still know Alice so well, If I wasnt 100% sure I am right about Walmart employee stock purchase, I could pull out my PDA, get her home number in Mineral Wells, Texas and call her and ask.

Once again, we have seemed to get off the subject thread....this is about gas prices.
So, how come you can drive a car with your epilepsy but you cant drive a truck. Im not trying to be rude, however on the news last night I saw a video tape of some lady who had some kind of siezure and ended up driving through a school yard, almost ran over some kids and then hit the school. Thats pretty scary

 

Ok - I'm lost now...

Are we or are we not buying fuel on the 15th? :wink:

 

To buy stock through the ESOP you are limeted to the 20 shares a year limit IF you can come up with the money yopu can buy extra but when most of the time you can barely afford to pay your rent or buy food where do you get the money.

 

I think we can buy fuel, but not at Walmart for some reason.

 

I think I'm going to buy Wal Mart on the 15th. I still have some checks in my checkbook.

:P

 

You do realize that every year at the shareholders meetings, many retiring Associates that have been with the company 20-30 and even 35 years are paraded out and praised on their success with employee stock purchase. Ive seen cashiers retire who are worth over 10 million. How did they afford it?

I told you that i worked for home depot in my early years. I started out at the bottom making 7 bucks an hour. Yes, eventually I did make it into managment. However for most of that time I wasnt making very much money at all. I found a way to afford rent, pay for insurance and put money from every paycheck in company stock. Fortunately this was during the hayday of HD stock and it did very very well. My 6 and last year at HD when i quit I had over 90 grand in HD stock. My only wish is that I would have been smart enough to sell it and reinvest it in something else. But I was young and used that money to put down on a nice house. It was pretty cool to be in my 20s and have such a nice house. Like I said, no matter what your income, you can always find a way to save money to invest. Yes, I had to eat a lot of top ramen and dollar store mac and cheese....and yes, while in my 20s when a lot of my friends were going out to the clubs, I had to stay home. And no I didnt have any perks like cable tv. Investing and saving was a top priority over all that other crap like eating good food, cable tv and going out to bars.

 

So Kmart is ok then for fuel?