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Non-Tech : Staples (SPLS)
SPLS 10.250.0%Sep 28 5:00 PM EST
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To: Stephen McSwain who wrote (8)2/14/1997 4:36:00 PM
From: Patsy Collins   of 184
 
Steve,

I like to hold SPLS up to 24 for the short-term here (<2 months).

If it moves slowly, then i like 30+ for the year.

A lot of arbitrage between ODP (selling) and SPLS (buying) among the big players in the past week.

If the merger breaks, SPLS could hit 24+ as a result. I don't follow their earnings that much, but I was told that they are a 35%+ grower.

Sounds good to me...
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