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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (7799)8/17/1998 1:02:00 AM
From: Ken W  Read Replies (1) of 29382
 
Sergio and Cary,

A bit more on OMX. 73% is owned by institutions (a double edged sword),
however in view of the recent "flight to quality" bit, and the small
decline in price of the shares I see the large holdings in OMX as exactly that....holding.

The 5 year growth rate of OMX has been in the 44 to 49% range, depending on who you are reading. So go low ball and say 45. Projected future growth as estimated by 11 brokers covering is 24% as compared to the industry estimate of 18% (Staples, Office Depot and US Office) OMX is considered by S&P Stock report to be one of the "big three".

Last years EPS was .74 with .90 estimated for all of 98. Thus far OMX is on track. EPS for next Q is a high of .03, low of .02, Personally I think they will surpise on next Q due to Cary's alluded to higher prices with Staples and Office Depot. plus a shorter float due to the buyback.

Something I really like....no Preferred stock. (no fat wallets to pay off first) No convertibles.
More to come.

Ken W
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