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Staples, Inc. Message Board

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  • Anything_that_goes_up Anything_that_goes_up Aug 14, 1998 11:12 PM Flag

    Correct me if I am wrong!

    I knew this puppy was going down today. Like mljs
    I've had quite a few companies come in above
    expectations and down they go. I've even had 2 come in 20%+
    above expecations and fall 25%, so this piddly little
    drop is nothing. mljs' right -- sell on good news.
    That's what the run-up on Wednesday was about - buying
    on the expectation of the news. Put it this way --
    we're up 5/16 over Tuesday's close.

    To berneo:
    the way Staple's behaves, any point is a good entry
    point, but the sooner the better. I've been in it now
    for a bit less than 4 months and am up over 30%. YTD
    it is up over 80% (as reported on CNBC this
    morning), although other places have it up only 67% YTD
    (only??). It is the industry leader, in an industry that
    isn't going away. The only problem I see on the horizon
    would be a business slowdown, which would hurt. Other
    than that, come on in, the water's fine.

 
SPLS
11.32-0.30(-2.58%)Aug 20 4:00 PMEDT

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