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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: Bill Wexler who wrote (3682)11/10/1998 4:21:00 AM
From: Bill Wexler  Read Replies (3) of 4634
 
Wexler puts his intuition to the test!!!!

On the SI and Yahoo CPU threads, I was pondering how a Staples (SPLS) and CPU merger seemed to make sense.

I have absolutely no clue if anything of the sort is in the works, but I'm going to put my intuition to the test with the following bold prediction:

I predict that CPU will merge or get bought (by *someone*). At the very least an offer will be made for the company. Let's set a time limit of...oh 24 months.

This prediction is very low on my scale of certainty. I - of course - still stand by my earlier recommendation of the company as a strong buy. Higher on my scale of certainty is the assumption that the stock will trade significantly higher in 1999.

Mark this post and let's see what happens!
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