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Non-Tech : Home Depot (HD)
HD 334.84-0.5%10:17 AM EST

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To: Richard Query who wrote (3)3/26/1997 12:06:00 PM
From: Cytokine1   of 1169
 
I am considering HD and noticed the following:.......

In the year end earnings report balance sheet section:

2/2/97 1/28/96
-------------------------------
Cash $558M $108M
LT Debt $143M $720M

Paying down debt and raising cash is perfect in a time of rising interest rates.

I like the idea of Depot Direct stock purchase plan for the long term.
Still thinking about it. Martink
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