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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (88670)1/20/2001 9:11:56 AM
From: Micawber  Read Replies (1) of 132070
 
But Donald Trott, specialty retail analyst for Jefferies & Company, said the declines in profit and sales growth distracted from Home Depot's dim overall growth prospects, even if the economy bounces back. He predicts Home Depot will have saturated the United States and Canada by late 2003 with 2,200 to 2,300 of its flagship stores.

I think about 2,000 of those stores are in the Philly area alone. As Fleckenstein would say, investors are starting to connect the dots. Keep blaming it on lumber prices, HD. Yeah, that's the ticket.
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