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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Tradelite who wrote (21195)2/25/2000 2:09:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Good thinking, Tradelite. Good choice of Dow stocks that could see a hard rebound.

Remember, yeterdays rally and Wednesday's both started at 2:56pm EST. I wonder if we will see the hat trick.

Rande Is



To: Tradelite who wrote (21195)2/25/2000 2:30:00 PM
From: christopher  Respond to of 57584
 
Tradelite,

And what an aggressive bunch the HD people are...our company does business with HD as an electrical supplier and we just finished a slew of meetings with them in the last couple of weeks...in no time at all there are only going to be essentially two players left in that business...HD and Lowes, and while Lowes is struggling to stay in the game HD is on a roll...they plan to open new stores this year at the rate of 1 every 53 hours!!!...not only that but they are a great company to do business with, unlike many many retailers out there now...they actually believe in forming mutually beneficial partnerships with their suppliers, not like the traditional way of "squeeze and pound everything you can get out of our suppliers" style of management...how radical...our upper management had made it clear that although HD is only a small portion of our business now they are clearly the future of this company...to the point where we are adding a separate and distinct distribution channel designed solely to service HD, an expensive endeavor to be sure but one that we feel will pay off in the long run...where as we normally carry a month or two of inventory to service our regular customers we are ramping up to carry 5 months inventory just to service HD...the average person that goes into a HD comes out with $93.00 worth of goods...these HD people are on a tear and it's surely a stock to keep your eyes on...

Chris