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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (20781)	8/27/2000 7:55:07 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Ken, ODP continues to experience large block and insider buying. I am not sure that this is a good play for a quick trade, but I'm not in a hurry. Recent CEO interview: <New CEO Bruce Nelson talks about the future of ODP. He says that the focus going forward is on same store sales, which were slow in the 2Q. Their delivery business is very strong and they are still the largest and most profitable company in the business. Developing the management team, growing shareholder value, and revenue are the key going forward for ODP. He feels that same store sales will be back in 2001 but will not give specific guidance going forward. The struggles are strictly ODP problems and not that of retail struggles, according to Nelson. Internet growth is a big part of their future going forward. They are on pace for $800 million in North American Internet sales this year and he feels that it will only get bigger going forward. Investing in development and Internet sites outside the U.S. are two main projects going forward for ODP.> --------------------------------------------------------- On the short term positive MO, KIDE got it going on Friday. Short term technicals are pointing up, but there's a new gap in the chart. You mentioned TBCC. Very nice value play. Look at the price to sales ratio. Looks like the market likes their recent acquisition. I haven't finalized my selection for the new contest. Leading the pack as candidates are MXTR and SFS. Sergio