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Non-Tech : Eagle Hardware (EAGL) The Next Home Depo -- Ignore unavailable to you. Want to Upgrade?


To: Scott Mc who wrote (205)10/28/1997 10:33:00 AM
From: DaveHe  Respond to of 389
 
I agree that there is a panic going on. Once everything chills out EAGL will begin to move up again. I know the next quarters results are not that far off and that should help to move the stock in the other direction. The only variable that remains unanswered is when is the market slide going to stop.

Does anybody know the release date of the next quarters results???

DaveH



To: Scott Mc who wrote (205)10/28/1997 12:10:00 PM
From: Lucky L  Respond to of 389
 
It is my understanding that the Asian Currancy could indeed affect EAGL. Goods coming from Asia will be cheaper, against a strong dollar, and it will increase margins. On CNBC this morning it was stated that this situation would help retailers and mentioned Home Depot as one that would benefit. This will also help EAGL. We can only hope that something will start to work for us. Good Luck!!!!!!



To: Scott Mc who wrote (205)10/28/1997 8:38:00 PM
From: csm  Read Replies (1) | Respond to of 389
 
Scott,

Since you have hedged your EAGL in the past, here is a thought for you. What about a paired trade, long on EAGL and short on HD? EAGL stock outperforms HD but trades at almost half the multiple. Presumably this difference would shrink over time with EAGL trading at the same or higher multiple than HD.

Just a thought after looking at a bunch of relative performance charts.

Stu.