OMX excellent bargain and its in merger talk Message Board

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Strategies & Market Trends : OMX excellent bargain and its in merger talk

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To: mikep who wrote (2)	9/14/1998 3:34:00 AM
From: blankmind	Read Replies (1) of 6

- Office Max has been growing profitably - but on a cash breakeven or cash negative basis. - Here's a comment from an analyst, I think on Microsoft investor today: "OfficeMax has an almost debt-free balance sheet and expects to become cash-flow positive by the end of 1998, generating free cash flow of $15 million to $20 million in 1999. Ryan hopes it will result in an aggressive stock repurchasing. She rates OfficeMax an "accumulate/high risk" and pegs 1998 earnings at 89 cents; she's got 1999 earnings at $1.11." - Let's face it, the acquirer isn't risking much on this one.

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