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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: Jim Caputo who wrote (385)11/24/1998 6:16:00 PM
From: Scott Mc   of 389
 
Eagle will get you $29 of Lowe's stock, whereas if you sell now you get $28 cash minus commission(thats the only advantage I can see and a small chance of further gain if Lowe's goes above approx $49).

Lowe's looks pretty good to me, not sure what I will do since I hold
20 convertible bonds and am short 550 shares of Eagle (50% hedge).

I just requested Lowe's annual report last night, whats everyone else doing, or any suggestions? Scott
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