To the editor:

Money managers are advising Wal-Mart to curtail its self-destructive store-building campaign to regain its status as a growth stock.

For example, in the April 20 Wall Street Journal, Peter Sorrentino of Huntington Asset Advisors, which owns 2.3 million shares of Wal-Mart, says when Wal-Mart became “too focused on growth in units and not enough on the core business : they lost their way.”

When Wal-Mart builds too many stores in an area, it experiences increased competition from its own expansion, resulting in the mediocre profits of late.

Hopefully, this means Wal-Mart will stop forcing a second store on Lawrence, or does it have a grudge against a town that dared to say “no!”?

Dave Van Hee,

Lawrence