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To: patron_anejo_por_favor who wrote (104071)5/22/2001 5:53:39 PM
From: patron_anejo_por_favor  Respond to of 436258
 
Staples warns:

cbs.marketwatch.com

For the second quarter, the company expects to report earnings of 8 cents to 10 cents a share and doesn't expect to register revenue growth. Currently, analysts are expecting a profit of 10 cents and year-over-year growth of 12 percent, respectively.

As for the remainder of the year, the company said it's "cautiously optimistic." Based on a very conservative plan, the company believes that it will deliver "respectable financial performance even in this tough economy."

Separately, Staples said it now plans to add 100 stores for the year, down from previous plans for opening 110 stores.



To: patron_anejo_por_favor who wrote (104071)5/22/2001 5:53:55 PM
From: jjetstream  Respond to of 436258
 
When big Lou decides to unwind his whole position and leave IBM...that is gonna be the sell signal.........<g>



To: patron_anejo_por_favor who wrote (104071)5/22/2001 6:15:28 PM
From: KyrosL  Read Replies (1) | Respond to of 436258
 
In the last six months Gerstner got rid of IBM stock worth close to $170 million. When he was recruited for the CEO job, nobody else wanted it... He gave an interview recently where he hinted that he'll give up the CEO position in about a year, preserving IBM tradition of having the CEO leave when he turns 60, and justifying his urgent "diversification" out of IBM stock.



To: patron_anejo_por_favor who wrote (104071)5/22/2001 10:27:35 PM
From: Earlie  Respond to of 436258
 
Patron:

Like clockwork. (g)

Best, Earlie