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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (8696)	9/13/1998 3:40:00 PM
From: Sergio H	Read Replies (1) of 29382

Ken, nice recovery on OMX. Take a look at the new thread on SI on OMX Subject 22830 OMX deal in $25-35 range. One of the broker's prediction on the OMX buyer is BBY and OMX is dealing in 0.5 - 0.7 BBY share value for each OMX share. If that happens then OMX will go higher in $25-35 range based upon current value of BBY share. OMX is an excellent company and its shares currently trading at the very low end of 52 week range. Down side risk is almost negligible compared to the upside potential. Short ration on this stock is very high and since company already confirmed about the marger talks on firday the stock of OMX is easily going to go higher above $15 any way and if merger goes through then it will be a huge gain. Company news about merger talks can be found at: newsalert.com. Also came accross this in Barron's: OfficeMax (OMX-NYSE) by BT Alex. Brown (13 3/4 , August 11) Buy. On track to open 120 new superstores by the end of fiscal 1998 (January). New-store prototypes and remerchandising programs that are currently being rolled out should boost productivity and margins. A low relative valuation and attractive industry fundamentals warrant a Buy investment rating.

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