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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (1347)9/10/1998 2:15:00 PM
From: Marty Rubin  Read Replies (1) of 7247
 
Tim, Are you into ODP and SPLS? What I see is they were able to raise prices on almost everything (becoming like the airlines --all raise fares at the same time and get away with it). It may be a good earnings play. Check them out.
Good day,
Marty

----IMO----
Tight unemployment is not a factor. These guys can be replaced like pancakes. If they were able to raise by 10-30% it will show on the bottom line, especially ODP (now at 21 3/16, near its 52wk low of 18 3/4. It's never (98%) good to buy near its low. But we have time for earnings. SPLS is at 26 3/16).
--------------

BTW-I want to get in cien for another play tomorrow. It's now 16 5/16 but I'll wait for it to open and than get in $1.5 below that. I'm not as certain about that but have ~19hr. to decide.
EOM-)
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