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Non-Tech : Staples (SPLS)

SPLS 10.25

0.0%

Sep 28 5:00 PM EST

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To: Alan Latteri who wrote (2)	12/13/1996 4:49:00 PM
From: Terry Swanson	of 184

The January issue of Smart Money has a recommendation to by STAPLES by Patrick McCormack of Dean Witter (see page 30). He sets a target price of $30.00 by the end of 1997. This basically sums up the paragraph in Smart Money. I also read that STAPLEs was going to acquire the largest office supply buiness in England; which also has 15 retail outlets in Germany. I really don't know much about the company. Does anyone know about anticipated earning for 1997 and beyond? Does anyone know why STAPLES should have such a great year that would cause its prices to rise an anticipated 50% in the next year????

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