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: mozek who wrote (236)	12/10/1997 1:20:00 AM
From: GCRym	Read Replies (3) of 389

What will it take to turn this stock around? I have to admit that I've found eagl a very frustating stock to own. I got in almost a year ago for about 18. Didn't know much about it and gave into my (washington state based) brokers suggestion. It looked very good for a while- And I congradulated him on his pick...etc. Now though it seems to have totally lost its spine. In spite of supposed good earnings and growth the stock stalled out some time back and started slipping. What was a very nice gain has turned to loss. Earnings still look good and as far as I can find there is no real bad news on the compaany. I understand the home depot threat but I just figure that cannot be the whole story. The Home Depot potential threat has always been ther and those who follow the stock and know the industry certainly should not have been taken off guard by it. What will it take to turn this thing around? It's not like home depot is going to go away! The supposedly apeal to different differnt groups of shoppers anyway. +Eagle has always been a quality place with good managment so the problem shouldn't be there. The Asian crisis shouldn't effect eagl and you would think it might even help to a certain degree. But that hasn't happened either. I'm getting impatient on this one. The key being that Home depot is not going to go away and the fear factor (justified or not) on this stock seems to high for it to make a substatial and sustained jump. But I would love for someone to convince me otherwise. My brooker is content to wait and see so maybe I should be too. All comments welcome, Thanks

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