Staples (SPLS) Message Board

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Non-Tech : Staples (SPLS)

SPLS 10.25

0.0%

Sep 28 5:00 PM EST

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To: jttmab who wrote (92)	1/17/1999 8:25:00 AM
From: jttmab	Read Replies (2) of 184

Ten trading days after the 3 little elves on Louie's shows recommended Staples....I've learned some lessons... 1) Louie's show has a following that takes action based on the recommendations heard (see the first days action in particular) and 2) Someone takes advantage of the pop to exit a large position (See the next 8 trading days). Conclusion: Do your DD before acting on any investment. Short term trading: short the recommended stock on the pop. If after DD, you're interested in the stock as a long term position hold your buy off until after the stock hits the 50 day EMA (Assuming the 13-day EMA was above the 50-day EMA to begin with and close the short position. Regards, Jim P.S. I have not taken a position in Staples, I did the DD and it does look like a sound investment over the long term. If you're interested, my observations... Summary: Excellent historical growth rate; very good forward looking growth rate. Nice Beta (1.63). P/E is a little pricey at 78. If you like to stay in the group, but diversify a little you might consider ODP. The forward growth rate is less than that of SPLS (21% vs. 28%) but has a more favorable P/E valuation (30). Time the trade off the 50-day EMA. Some References of Interest: The group home.snap.com Staples clearstation.com Office Depot clearstation.com

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