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: Grace R. who wrote (83)	7/15/1998 7:15:00 PM
From: Carl Yee	Read Replies (1) of 184

I agree with the chart being a nice one.In fact, it is part of the reason I picked a few shares. If one draws lines connecting highs-highs and lows-lows for the last six months, a pretty well defined channel is formed. We are riding close to the top channel line 32-33 and usually a stock pulls back in good times. A retreat to midchannel 29-30 would not be unusual. But the trend is solidly upwards and SPLS does seem very adept at growing their enterprise. We have a SPLS in the small area I live in and they are THE place to go to get the office supplies. I do agree that their help could do better, especially in the computer area. The rest is pretty much doable as self-service. Looks like this one is a keeper.

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