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Non-Tech : Office Product Stocks - ODP/SPLS/OMX/VKNG/CEXP/OFIS/BOP -- Ignore unavailable to you. Want to Upgrade?


To: Toni Wheeler who wrote (241)12/6/1999 3:09:00 PM
From: Esway  Read Replies (3) | Respond to of 297
 
Looks as though they are again selling ODP .......for what reason I do not know. Guess maybe tax loss selling?? Looks like time to start building a trading position again. Good luck.

EW



To: Toni Wheeler who wrote (241)2/3/2000 12:10:00 AM
From: MikeyT  Read Replies (1) | Respond to of 297
 
Toni,

From your post. Message 11754199

"The recent completion of a $500 million buyback at an average price of $10.69 per share is accretive to earnings by about $0.10 per share over the next 12 months."

Is the $0.10 per share spread across each quarter? If $500M buyback gives $0.10 per share, should we expect and additional to bring $0.12 per share???!!!

Currently Dec 99 quarter is estimated at $0.21. I would think there will be a major blowout coming next week. I'm in.

Mikey