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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: MikeyT who wrote (260)2/6/2000 1:45:00 AM
From: Toni Wheeler  Read Replies (1) of 297
 
Mikey,

I agree with your assumption of accretion, however, it is not known WHEN the additional buyback shares will be purchased since there is no guarantee of a 'certain purchase timetable'...all companies have that option when buyback announcements are made.

THAT said, finally ODP has some analysts' recognition of their value and potential:

quote.bloomberg.com

Office Depot Shares Rise 9% as Analysts Call Attention to Sales

By Greg Wiles

<<<Delray Beach, Florida, Feb. 4 (Bloomberg) -- Shares of Office Depot Inc. rose 9 percent after analysts said the largest office supply retailer could report better-than-expected sales when it reports fourth-quarter earnings next week.

Office Depot rose 1 to 11 7/8 in trading of 3.4 million, one-and-a-half times its three-month daily average.>>>...

Next Thursday 2/10 will tell us the future...

My best,
T.
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