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: Liatris Spicata who wrote (15)	4/18/1997 11:07:00 PM
From: AL TOTH	of 297

LARRY-An interesting thing about the O.P. industry is that Wall Street has trashed the stock price and P/E of all the major players except one OFIS. It still trades at a P/E over 100. Yet of all the major players it has the worst long term outlook. In the long term you will have BOP,VKNG,CEXP,SPLS/ODP and OMX. OFIS is a hodge podge of acquired companies that is still run decentralized. They were acquired through stock so you have all these former owners sitting with their net worth in OFIS stock. Its like a house of cards waiting to fall. Once the momentum players realize that Wall Streets analysts have their heads up their _ _ _,theyll sell out real quick. Then what your left over with is alot of very angry former owners with vastly diminished net worths. Then OFIS will lose the glue that is keeping them together and the slide in stock price will be even worse. This is my opinion but I feel I know the industry well enough to make this prediction. GOOD LUCK!!!! AL

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