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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: Timothy R. Tierney who wrote (86)6/1/1997 5:37:00 PM
From: AL TOTH   of 297
 
Ill have to admit that although I was very bearish on OFIS, I have
been significantly researching it since its proposed merger of
Mail Boxes Inc... Ive become more bullish on the stock because
this merger reinforces to me that OFIS will be concentrating on the small to midsize company market. My big concern was that they
would attack the large company market where they would get killed
with their decentralized approach.

Because of this I have been buying OFIS on its dips to 23 and selling it in 24s. I am not ready to make a major investment in it because
I think it still has another move down to 20. When (and if) it
does I will buy as much as I can because the upside potential will
be excellent.

I wouldnt get too excited about their next earnings report because
their CEO has hyped it up and down Wall Street that OFIS will be
making their next quarters earnings so it is already built in to
the stock price.

AL
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