Ocado frenzy overshadows under-valued Tesco

By Glynn Davis | July 23, 2010

Much has been made of the Ocado valuation in recent weeks but in stark contrast little has been made of the valuation of the sector’s 60lb gorilla that could no doubt squash Ocado if it liked. Actually, Waitrose could probably squash Ocado if it liked. Outlandish Ocado valuation has not helped Tesco yet. What’s happened to…

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