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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: 1-DAY-TRADER who wrote (56042)5/11/2000 7:38:00 PM
From: rupers  Read Replies (1) | Respond to of 122087
 
1DT, if you like going long and have the patience ...

Check HBI (Home Base) ... potential loooong (you may have to wait a little). I've been trying to get some large blocks @ $ 1.75 per share. Over $ 1.5 Billion in revenue last year, with 33 cents per share net income, for a P/E about 5. And they're buying their stock back (total $ 20 million buyback of stock & convertible debentures).

Downside risk: Home Depot is very aggressively trying to take HBI's business (putting up Home Depot stores where HBI stores are located). HBI has 88 stores in western US and no huge debt load and finally getting in touch with 21st century with automated inventory system.

Extra plus: Rumor (just rumor, mind you) is that Lowes may buy them out.

(p.s., I think KRY may be a loser, but just mho).

regards & good luck