Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bobby Polk who wrote (182)	5/18/1998 10:37:00 PM
From: El Ferna	Read Replies (1) \| Respond to of 297

Bobby, Office Depot has stated that the merger will have a 1-2 cent negative impact on 98 earnings while in 99 and 00 earnings will increase 2 and 6 cents respectively. From what I have read, analysts and Wall Street seem to think this is a good match and will benefit both companies. Todays 10% haircut on ODP stock could be a knee jerk reaction, sympathy with the rest of the market and some profit taking from the recent run up, take your pick. I'm thinking and hoping there will be a bounce tomorrow especially after Staples beat earning today after the bell. Good Trading El Ferna