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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: jim clabaugh who wrote (122)7/3/1997 1:07:00 PM
From: Joe Waynick   of 297
 
Sorry Jim, I have no information about earnings. However, I plan on checking the analysts daily for awhile.

I don't know your position, but I'm also thinking about selling the $15.00 or $17.50 calls. If the price does drop, then I won't get called out and I reduce my cost basis down further.

Just remember, any earnings drop due to merger activities, is TEMPORARY. Look to cover and for BUYING OPPORTUNITIES! Don't worry unless the company FUNDAMENTALS change. Let's follow what management is doing to keep earnings up.

I hear there are some expansion plans in the works. Anybody have any scoop about that?
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