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Non-Tech : Home Depot (HD)
HD 367.72-0.9%9:37 AM EST

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To: Caroline who wrote (620)5/7/1999 4:52:00 AM
From: Al Cano  Read Replies (1) of 1169
 
HD- Common Sense approach = $$$$. Great Spring,increase consumer spending & Disasters should increase this coming quarter numbers. (Whisper # @ .29) My opinion, HD will exceed WS expectation by .01 or more. However, I believe there will not be a split at these levels of $57. Split will not materialize unless stock is at least $70 so in short, the stock needs to move NOW.
I am surprised that HD executives are not talking to WS & MMs nor on the NEWS lately.
Anyway, Great report on CNBC the other night. "It showed a HD sale representative with Pallets of Dry Wall in the background which at this time a shortage of it. Controlling this product alone should increase the price of HD. In addition, HD should be considered like a commodity when disaster strikes, sales will boom due to building and construction work compounded by a great spring time and super high do-it-yourself market trend..... . Doesn't this make any sense???? What happens when it freezes in Florida???? Doesn't the price of orange juice jump???
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