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To: Larry S. who wrote (22852)4/1/2000 3:00:00 PM
From: Beachside Bill  Respond to of 53068
 
I like ALL,ALJ. I should have playe d this one sooner. Try to catch on a dip.



To: Larry S. who wrote (22852)4/1/2000 3:29:00 PM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
2 second view

SPLS
great for trading, sucky to hold
P/E way too high for a retailer
range: buy 19-20.50, sell 21.50-23

ODP
P/E half of SPLS
but the market hates it
no idea why
forgetaboutit

HAIN
I wish I had listened to Larry for a buy
sell half Monday
put a 26 13/16 sell stop on the rest



To: Larry S. who wrote (22852)4/1/2000 4:18:00 PM
From: Beachside Bill  Read Replies (1) | Respond to of 53068
 
The reason why I hate Staple is that unlike a customer, not business, enterprise, I want value and not atmosphere. Clearly ODP will beat SPLS there. Also, ODP is expanding after the FTC mess. ODP is expanding NE. Believe it or not but the market places a higher value on companies closer to NY. Why? not arrogance but ignorance.
Extranets, the term has been lost resent times will take over the hype. ODP was rated #1 in communications ahead of DELL, IBM, CSCO, AMAT, and everyother bluechip. SPLS was 23 based on copies from Office Depot IMHO.