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I'd like to hear more about BJ's real estate holdings. I've been reading some tidbits about being a possible takeover target due to holdings that are undervalued on the books, much like K-Mart had.

I read about K-Mart's real estate just after they emerged from bankruptcy but I was gun shy even though it sounded great at the time. I almost bought the stock. Then I almost bought long term options. You know the old saying, no risk, no gain. Boy am I sorry about that one, I "almost" cleaned up. Is BJ's in the same boat as K-Mart was, even if it's a smaller boat?
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