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Non-Tech : HOMEBASE (HBI)

HBI 6.470

0.0%

Dec 1 4:00 PM EST

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To: Ronald J who wrote (40)	8/21/1998 1:57:00 PM
From: Scott Mc	Read Replies (1) of 99

Eagle is moving into California as well, yes agree undervalued and Im sure Lowes&HD have looked seriously at HBI, would think it has to be worth at least $10 based on sales. I had heard M.Price had a large position here approx 6mo's ago, not sure if still in it. In the time I have followed HBI(approx 10 mo's) they seem to be doing a decent job and if they continue to be consistent they should trade up over $10. Scott

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