Eagle Hardware (EAGL) The Next Home Depo Message Board

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Non-Tech : Eagle Hardware (EAGL) The Next Home Depo

EAGL 1.550

-1.3%

Jan 21 4:00 PM EST

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To: Scott Mc who wrote (2)	12/26/1996 12:10:00 PM
From: Peter Norstrom	of 389

Bought EAGL when it fell to $18. Holding for up to and likely over $30. Their F/S are stellar (especially cash flow which puts them in a solid position for aggressive expansion) and they seem to be winning the battle with HOME DEPOT. I bought at $18 because I saw no reason for the downturn in price other than a small cycle which has already bottomed out. The news about their CEO just gave me another reason why I believe this stock will be over $30 anywhere from 2-6 months from now. ps. does anyone know if they have any stores in CANADA or if they are planning to expand into CANADA?

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