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Non-Tech : Staples (SPLS) -- Ignore unavailable to you. Want to Upgrade?

To: Carl Yee who wrote (80)	7/12/1998 8:37:00 AM
From: TideGlider	Respond to of 184

I believe they are placing the shares. Not marketing them as this spring. TG

To: Carl Yee who wrote (80)	7/12/1998 10:00:00 PM
From: Optmaster	Respond to of 184

I agree that a drop would be a buying opportunity as SPLS is growing their earnings by leaps and bounds. However, remember that this 14 mil shares is one way order flow and that can't help but drive the price down especially since SPLS is a little expensive at current levels. My point is that near term the price of SPLS will falter, but I will use the opportunity to get back in at cheaper levels.

To: Carl Yee who wrote (80)	7/15/1998 4:53:00 PM
From: Grace R.	Read Replies (1) \| Respond to of 184

Check SPLS over last 6 years or so: it rises and plateaus but trends upward in a fairly convincing manner. Major stall was pending merger with ODP. I gotta brag and say that my average cost was about $1.50 per share. I'm a CPA and work with several multistate retailers (not including SPLS). I don't know too many others that have executed store growth as well as these people have. Only concern is that they are a little too growth crazed. Over-expansion is the classic demise of the retailer, essentially stalling decent stocks for lengthy periods of time. I check SPLS stores in 4 cities during business travels and compare them to ODP and OMAX. Only complaint is that the customer service needs to improve. Otherwise, I'm currently adding to my position, even at this level. Also, placement of Quill family shares is to be expected; being done in an orderly fashion.