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Non-Tech : Home Depot (HD)
HD 333.42-0.9%12:34 PM EST

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To: Barry Wilson who wrote (8)5/22/1997 3:57:00 PM
From: Xpiderman   of 1169
 
Yesterday HD is out of the year-long trading range of $48 - 59 with double normal volume. Very bullish!

Based on FY97's EPS consensus estimate and historical P/E average of 28 - 30, which reflects the current earning growth rate, HD could be trading around 67 - 72 range in 6 months.

Any comment is welcomed.

Xy
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