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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (7799)	8/17/1998 12:02:00 AM
From: Joseph G.	Read Replies (1) \| Respond to of 29382

<<Hong Kong's gain so far tonight>> last time I checked Aug 14 was last Friday - Hello!! wake up !!! anybody's awake on this thread? I guess not ....

To: Sergio H who wrote (7799)	8/17/1998 12:49:00 AM
From: Michael Hanson	Read Replies (5) \| Respond to of 29382

Earlier tonight you posted: "Hong Kong's gain so far tonight is incredible and nice to see." What gain would THAT be? On Friday, Hong Kong was up 8.47%. There has been no trading yet today in Hong Kong, but as of this posting China is down 6.13% and Japan is down 2.89%. Remarkably, you've mistaken Friday's trading session for Monday's. It's this type of shoddy, completely clueless approach that leads to disaster in high-stakes, fast-moving things like the stock market. Instead of posting meaningless attempts at humor to me, I'd advise you to wake up, buckle down, and try to present some facade of accuracy and seriousness. Knowing what DAY it is, for God's sake, would be a good start.

To: Sergio H who wrote (7799)	8/17/1998 1:02:00 AM
From: Ken W	Read Replies (1) \| Respond to of 29382

Sergio and Cary, A bit more on OMX. 73% is owned by institutions (a double edged sword), however in view of the recent "flight to quality" bit, and the small decline in price of the shares I see the large holdings in OMX as exactly that....holding. The 5 year growth rate of OMX has been in the 44 to 49% range, depending on who you are reading. So go low ball and say 45. Projected future growth as estimated by 11 brokers covering is 24% as compared to the industry estimate of 18% (Staples, Office Depot and US Office) OMX is considered by S&P Stock report to be one of the "big three". Last years EPS was .74 with .90 estimated for all of 98. Thus far OMX is on track. EPS for next Q is a high of .03, low of .02, Personally I think they will surpise on next Q due to Cary's alluded to higher prices with Staples and Office Depot. plus a shorter float due to the buyback. Something I really like....no Preferred stock. (no fat wallets to pay off first) No convertibles. More to come. Ken W