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Non-Tech : Office Product Stocks - ODP/SPLS/OMX/VKNG/CEXP/OFIS/BOP -- Ignore unavailable to you. Want to Upgrade?

To: Walter High who wrote (171)	1/24/1998 3:08:00 AM
From: Kristine Benson	Read Replies (1) \| Respond to of 297

I was told that OFIS would also be buying back stock and trying to push their stock price to the mid 20's...does anyone have anymore info on this company?

To: Walter High who wrote (171)	1/25/1998 11:16:00 AM
From: AL TOTH	Respond to of 297

Walter- IMO SPLS is an excellent company. At $24 it has almost no downside risk. However it is fairly priced in the 24 to 28 dollar range and will probably move in that range for the next couple of years. SPLS as are other well run office product stocks,no longer 30+% growth stocks due to the maturation of the office product expansion phase. However IMO Wall Street will eventually come to realize that compared to other industries and their present growth problems, office product companies like SPLS, CEXP, and OFIS are great bargains. To specifically answer your questions I think SPLS is a great buy in the 24s and has an excellent opportunity to go to $28 in the next 3-6 months. I just dont see the stock going to $30 for awhile. AL