tesco2 The shares of Tesco (LSE: TSCO) trade around the level they first recorded at the end of 1997 and for most of 1998. Here are the main differences between now and then - and here is why Tesco stock could plunge to 100p.
It's always disarming when people freely admit their mistakes. Investment legend Warren Buffett lost no admirers by confessing that his decision to buy Tesco (LSE: TSCO) (NASDAQOTH: TSCDY.US) was a �huge mistake�. We all make mistakes.
tesco2 Press reports over the weekend suggest that Tesco (LSE: TSCO) has completed its review of the circumstances leading to its �250m profit shortfall - and is pinning the blame on a handful of individuals, rather than systematic dodgy accounting.
You don't need me to tell you that Tesco (LSE: TSCO) is having a tough time at the moment. But you must be wondering whether upcoming interim results, due on Thursday 23 October, will bring a bit of rare sunshine or will continue the relentless storms.
Tesco remains the dominant force in UK food retail, has established itself in a number of exciting foreign markets, and looks to me to have every prospect of being one of those big long-term winners, even if there may be a few years' pain to go through ...