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Non-Tech : Home Depot (HD) -- Ignore unavailable to you. Want to Upgrade?


To: bugssy who wrote (656)5/14/1999 8:53:00 PM
From: Gregory Seward  Read Replies (1) | Respond to of 1169
 
Pardon me for an observation. I trade stocks frequently however, have never traded HD. I put it on my radar screen only afew days ago and don't know yet what to think. In a real estate remodel endeavor I've spent at least 10 grand at HD in the last year. My options are Builders Square and some other local (expensive)"hardware" stores. I prefer HD. Builder's Square is a nightmare and I only go there if HD doesn't carry what I'm looking for or if I need a change of pace. Ocassionally, I go there to see if HD is being "honest" with pricing. Sometimes pricing is better at Buiders Square. Service is mostly shitty at BS...but I assume that's becuase they will be bankrupt within a year, therefore have cut back on staffing (my opinion). Service at HD is sometimes superlative... sometimes really sucky (or unavailable). I don't know if it deteriorates when volume maxes customer service capabilities, or what. Anyway, in the spirit of Peter Lynch, I'd like to invest in this stock...but not sure if it's seen it's better days. Any thoughts?



To: bugssy who wrote (656)5/17/1999 9:11:00 PM
From: Al Cano  Read Replies (1) | Respond to of 1169
 
Bugssy: Thanks for the info. Horrible stkprice move based on good # fm.22 to .28. Maybe, today's small upward move is due to Greenspan's meeting tomorrow. (ie.. either to tighten by 1/4pt. or take a tightening bias opinion). Stock not moving up with very good numbers are not good for the company. HD is a money maker and WS /MMs are not buying. Several good brokages recommending it however no one is buying. It's a growth stock for the future. In my opinion, it is the WALMART of the do-it-yourself stores.
later al