INVESTORS LACK WINN-DIXIE'S OPTIMISM

JACKSONVILLE, Fla. -- With Winn-Dixie Stores' stock trading near historically low levels, Frank Lazaran, president and chief executive officer, tried to convince shareholders at the company's annual meeting here last week that his turnaround plan will succeed -- but he did say it will take some time."Our efforts won't result in improvement overnight," he said at the meeting, which took place at at

JACKSONVILLE, Fla. -- With Winn-Dixie Stores' stock trading near historically low levels, Frank Lazaran, president and chief executive officer, tried to convince shareholders at the company's annual meeting here last week that his turnaround plan will succeed -- but he did say it will take some time.

"Our efforts won't result in improvement overnight," he said at the meeting, which took place at at the company's headquarters.

Although Winn-Dixie last Wednesday reported a loss

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