Staples (SPLS) Message Board

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Non-Tech : Staples (SPLS)

SPLS 10.25

0.0%

Sep 28 5:00 PM EST

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To: Optmaster who wrote (78)	7/11/1998 11:29:00 PM
From: Carl Yee	Read Replies (3) of 184

27? You might and you might not. 13.8 million shares is just about 12 days trading, so we might sit in place for a week or two and not go in wide swings at all. If the big seller is smart (former Quill owner), he has instructed his broker to meter out the sales and not to push the price of the shares down by flooding the shares at once. Since he still owns 4+% of SPLS after this sale, he has a vested interest in seeing that he does not crash the stock. Since I am a short timer having just gotten in, I would see a decline as a buying opportunity and a chance to add to my SPLS holding.

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