Office Product Stocks - ODP/SPLS/OMX/VKNG/CEXP/OFIS/BOP Message Board

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Non-Tech : Office Product Stocks - ODP/SPLS/OMX/VKNG/CEXP/OFIS/BOP

SPLS 10.25

0.0%

Sep 28 5:00 PM EST

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To: AL TOTH who wrote ()	4/9/1997 11:09:00 PM
From: AL TOTH	of 297

TO ALL--The other interesting story stock this week is VKNG. $20 to $14.50 in one day because its 3rd qtr earnings will be 3 cents short from 27 to 24 (projected). This is a very solid and highly profitable company. All it said was it was now a 1.3 billion $ company and a more reasonable growth rate is 20 to 25% instead of the analysts 30%. This is not a tech stock whose product transition could drastically affect its revenue and earnings. This is a mail order office product distributor that will produce significant growth of 20-25% and is now at a PE of 16. IMO this stock will return to 20+ in the next 6 months with almost no downside risk. Theres no surprises with these companies like tech stocks. AL

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