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: JCS who wrote (187)	10/10/1997 11:53:00 AM
From: Paul K	of 389

Well JCS, now EAGL seems REALLY undervalued... Seattle Times 10/09/97 article on executive stock holdings: "Even longtime executives are doing well. David Heerensperger, Eagle Hardware & Garden, may have decided to cut back on day-to-day activities, but he has a bit of a cash cushion. In late August, he sold 170,000 shares at about $22 a share for $3.7 million. With Eagle trading at about $19 a share, his 2,820,025 shares are worth about $53.6 million." --------- Note that "late August" coincides with the start of the drop of the stock. Eagle shoppers like to buy at a discout, how about investors? Does anyone detect a buying opportunity comming up? -paul

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