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Non-Tech : Eagle Hardware (EAGL) The Next Home Depo
EAGL 1.550-1.3%Jan 21 4:00 PM EST

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To: Paul Weiss who wrote (1)12/27/1996 3:51:00 PM
From: Shaq Fu   of 389
 
I was wondering your opinion of Home Depot. It hasn't gotten too much press lately; ever since everybody loved the stock about 3+ years ago (with its equally large PE, at the time), it really hasn't done much or received too much exposure. I'm thinking now would be a good time to put money in, given the good outlook for the company and its industry, and the reasonable PE. I like its current and future expansion plans into Canada, and perhaps into Mexico, and its deep pockets. Do you think companies like Eagle are a threat to the giant, or is there enough money to go around? Any other news on the company? As you probably know, earnings and revenues have grown each of the past 40 quarters.

Thanks for the insight.

T
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