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Non-Tech : OfficeMax (OMX)- A Steal

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To: Fuzzy who wrote (274)3/17/1999 7:07:00 PM
From: James F. Hopkins  Read Replies (1) of 293
 
This OMX Thread IS sort of QUITE, well that may be a good sign for
the stock, ( short term ) . I think it stinks long term,
the increase in revenues was mostly due to new store openings,
( and the gimicks, and loss leaders ). But I don't think
honest profit's can follow.
We got a new store last year and I was glad to see it, and it
opened with a lot of fanfare, but it's really gone down since,
and I just went today..man it was bad.
To much like SME's model before her down fall,
so all taht to say to any longs, ( be careful ) you may get
a short term rise , but long term the companies business plan
don't look worth a flip to me.
Jim
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