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Non-Tech : Office Product Stocks - ODP/SPLS/OMX/VKNG/CEXP/OFIS/BOP
SPLS 10.250.0%Sep 28 5:00 PM EST

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To: Toni Wheeler who wrote (218)9/20/1999 9:21:00 AM
From: Bill Hyres  Read Replies (1) of 297
 
Tony,
Hard to say when respect will return to valuations. If you look at the advance/decline line you may see a bear market in progress. Many fundamentally strong companies have a very weak price. Long term they are all a good buy. If you compare the Dow with the A/D line you will see an anomaly. Mnay prognosticate that the anomaly will resolve itself which means a lower Dow. When and if that happens market sentiment could take things even lower. ODP & OMX are on my watch list for purchase.
BIll
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