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: robert cartelli who wrote (97)	6/5/1997 4:31:00 PM
From: Michael Coley	of 297

Robert, RE: OFIS $2.8 billion to $5 billion to $8 billion? WOW! Now that's what is called setting some big goals. That will be quite a feat if Ledecky is able to pull it off. To grow a company that large 80% in one year with more than half of that growth coming internally... (Am I interpretting what he is saying correctly there? Somehow I think I'm not.) Such growth sounds impressive, but it in the past it has been very dilutive growth, funded largely by additional stock. For instance, they grew revenues 75% and earnings 70% last year, but EPS only went up 25%. To me, it's a very expensive, risky way to realize only a 25% increase in EPS. But I have to admit, it's pretty exciting for "office products"! <G> - Michael Coley - i1.net

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