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Staples, Inc. Message Board

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  • mass_plate_TYMH mass_plate_TYMH Jul 12, 1999 4:49 PM Flag

    cpu and staples

    I never said anything about the next two days,
    two weeks, or even two months. I'm trying to address
    a longer-term issue. In the short run, anything can
    happen and frequently does. Good decisions sometimes
    have bad results, bad decisions sometimes have good
    results.

    It's not a question of whether or not some people have
    made some money betting that Staples will become even
    more over-valued. It's not a question of what MIGHT
    POSSIBLY happen. It's a question of what PROBABLY WILL
    happen. That's the best that anybody can do, regardless
    what they claim.

    Only an fool would try to
    predict the absolute peak or the absolute trough. Only a
    fool would invest in a retail stock with a PE of 60.

 
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