Eagle Hardware (EAGL) The Next Home Depo Message Board

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Non-Tech : Eagle Hardware (EAGL) The Next Home Depo

EAGL 1.550

-1.3%

Jan 21 4:00 PM EST

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To: Joel Oseran who wrote (114)	6/28/1997 12:10:00 AM
From: Scott Mc	of 389

Joel, looks like your hardware purchases were not large enough and Eagle has been a bit choppy lately. I was able to do some shorting in the high 24's and buy back in the 22's... Im still in my convertible position and trying to skim a little off the top.Now about 18% hedged so am quite bullish on Eagle... Long term everything looks very positive, the only negative I could see would be if Home Depot took a run at Eagle, basically making the Seattle market a loss leader to keep Eagles profits down and ability to expand reduced..This would be pocket change to Home Depot and long term mayby a very good investment for them... Cheers! Scott

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