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Non-Tech : CompUSA (CPU)

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To: Scotsman who wrote (775)11/9/1998 11:00:00 PM
From: Bill Wexler  Read Replies (1) of 3187
 
Staples (SPLS)/CompUSA merger

I've been mulling this over. Has anyone else given this some thought?

I am generally bullish on the computer retailers/office supply retailers going into 1999. Most are despised right now, except SPLS. SPLS currently has a market cap of about $10 Bil., and they do similar numbers to CompUSA.

It seems that CPU and SPLS would complement each other *perfectly*. I am also sure that SPLS is thinking of a new strategy since its failed merger with Office Depot.

SPLS has a lot of buying power in their stock right now.

Personally, I wouldn't mind a deal like that. And I would probably hold on to the combined entities' stock.

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