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


To: scuttlebut who wrote (232)11/25/1997 5:27:00 PM
From: Scott Mc  Read Replies (2) | Respond to of 389
 
SB, Who knows, the only disappointing thing I can see is the estimate consensus was 0.30 and was 0.31, so the earnings surprise was only 3% or so. This is a small surprise, relative to the others, Oh well, Im in no hurry, have the convertible bonds and drawing interest, one day Eagle will react.....Scott

PS: The same store sales increase of 8% probably seen as a disappointment as well...not sure how it relaltes to HD..



To: scuttlebut who wrote (232)11/26/1997 5:49:00 AM
From: mozek  Read Replies (2) | Respond to of 389
 
I don't know why the price is dropping, but I look at anything below 18 as a buying opportunity. The more I track this company and its reports, the more I feel that it will move past 30 within a year. They keep growing in stores, revenue and profit, and the PE keeps going down. If someone's dumping the stock, they'll eventually run out :-)

Mike