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Non-Tech : Home Depot (HD)
HD 366.40-0.5%9:35 AM EST

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To: Marty who wrote (415)11/23/1998 7:36:00 PM
From: Carl Yee  Read Replies (1) of 1169
 
I am not sure Eagle even has a store in CA. They are predominantly a NW company, WA and OR. You might find OR and WA people who liked doing business with a NW company not as enthused about doing business with Lowe's and giving HD a try. I look at it as a chance to make some converts of Eagle customers.

BTW, closed at new high today and above 50. For those who are subscribers to CANSLIM investing, we could be in for a take off or the handle phase of a cup and handle formation. Either is a good sign for HD price action. For those who are new to CANSLIM investing, buying at closes above the old high, like today, is the recommended method. Sort of the reverse of value investing.
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