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Staples, Inc. Message Board

  • splskoolaid splskoolaid Sep 20, 2008 7:54 AM Flag

    going to drop

    This stock will certainly fall in the long term as it looks like the former CE employees are very unhappy. It is amazing how quickly the SPLS management has lost all goodwill with the CE folks and all my peers are looking for jobs now and hoping for severance. I do not know ANYONE that wants to go over to the SPLS side. That will cause significant customer unrest and disruption. IMO, SPLS will never recover the 4.4b it paid for CEXP.

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    • You may be right about never recovering the investment, but you must admit they just bought their only real comptetitor on State and Federal Government/Large Corporate/Healthcare opportunities. ODP has a credibility crisis and OMX can't seem to find their tail in ever dimishing circles. Poor leadership and lack of any originality are the calling cards of OLD-Max and Oraface Depot.

      How Staples treats Corpex employees is almost secondary to their opportunity to land large accounts in the future at better profit margins. I assure you I am no big fan of Staples, but they have tilted the playing field to their advantage.

 
SPLS
14.19+0.06(+0.42%)Aug 4 4:00 PMEDT