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Non-Tech : Home Depot (HD)
HD 364.60-1.0%12:56 PM EST

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To: Edward Boghosian who wrote (370)9/29/1998 3:02:00 PM
From: trouthead   of 1169
 
Hello All,

Just purchased my first batch of HD. Love to shop there and love their plan to open 400 more stores. I think their pe is a bit high, but I don't think the price is going down much. There may be a small correction, but with interest rates low and likely to stay there, well, looking good to me. I am holding for the long term.

It is intersting that even if the market falls, mortgage rates will get better based on the yield of long term bonds, which will help HD. Gotta love it.

jb
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