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Non-Tech : Home Depot (HD)
HD 336.48-6.0%Nov 18 3:59 PM EST
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To: Larry Leeth who wrote (31)8/15/1997 2:45:00 PM
From: David Cheng   of 1169
 
HBI, formerly WBN, recently spun off its wholesale division, BJ. That's why the stock dropped. The price doesn't justify its assets.
Based on its book the stock is worth at least $12. The co may try to sell HBI that's why they spun off BJ.
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