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Staples, Inc. Message Board

  • jedi_stockpicker jedi_stockpicker May 3, 2000 2:31 PM Flag

    Good entry point...

    I own SPLS stock I bought at <> 20, which I am holding for "long term". Bought more here to hopefully "trade" for a short term gain. MTFBWY

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    • I don't have enough information to really know
      who's to blame; it's probably a combination of the two
      of them.

      It's Sargent's psychotic obsession
      with insignificant details (should the president of a
      Fortune 500 company really be worrying and writing memos
      about who turns off the lights at night?) that seems
      most troubling...anybody here ever read the Caine
      mutiny?

      The Street has its doubts about the
      Bozo.

      Phil.

    • late yesterday as well as a description of what
      it attacks and a resolution procedure.
      I suggest
      you upgrade unless you don't use
      norton. Then I
      suggest you watch a dirty movie. If we're gonna get
      screwed, might as well enjoy it.

    • The Staples management team should stop patting
      themselves on the back regarding the "lovebug" and start
      figuring out what's wrong and fix it (see press
      release).

      Secondly, having viras scan software in stock is not
      leaping into action, its call managing your supply chain.
      In addition, the latest version of those software
      packages did not and cannot detect this virus. At least it
      didn't at our company.

      Tom and Ron, get in the
      game.

      Message to John M., start managing the
      street and stop promoting wannabe's (aka CTK).

    • <EOM>

    • When are you going to stop believing management's
      bullshit lines about why Staples' share price will still
      skyrocket?

      Dude, it's been a YEAR of downticks...a 50% loser since
      April '99...while the NASDAQ as a whole is up more than
      30% over the same period.

      Jeez, Staples' share
      price won't turn around until Ron Sargent is out of the
      picture. Look at the share price since he became
      President.

      Phil.

    • 1) One this stock is a falling knife. The dow is
      poised to fall below 10000 due to head and shoulder
      formation and retail stocks are not immune to this sell
      off.

      2) The support at 18 was taken out which
      means
      it is now a resistance. Smart traders would likely
      wait for a consolidation(esp since the stock fell
      nearly two points on such high volume)

      LASTLY,
      THERE IS A FEAR THAT THERE WILL BE A 50 POINT RATE HIKE
      AT NEXT FOMC MEETING.. THE CPI AND PPI ARE ALSO ON
      THE HORIZON...TRADERS ARE SCARED RIGHT
      NOW..

      BOTTOMLINE: SPLS is a buy right now..However SPLS IS A STRONG
      BUY ON MAY 16 AFTER THE DUST CLEARS..

      • 2 Replies to chandlerhoward
      • factored into prices. Look how much the 30-yr
        bond increased in the last month or so --- it was
        5.85% and now it is .... 6.10%. Look at that a 25 point
        basis increase. What a coincidence, since everyone
        expected a 25 point hike and now the bond is up another 25
        basis points equalling a 50 point basis hike.



        BTW, the best time to buy is when people are scared!

      • Investment Highlights:
         This month there are
        four changes to our Growth portfolio and
        three
        changes to our Value portfolio.
         Deleted from the
        Growth portfolio are America Online (AOL),
        Teradyne
        (TER), Scientific-Atlanta (SFA), and Freeport MCMoran
        (FCX). Added to
        the portfolio are Staples (SPLS),
        Intel (INTC), Kohls (KSS) and Best Buy
        (BBY).
        
        Deleted from the Value portfolio are Freeport MCMoran
        (FCX) and
        American Express (AXP). Added are Hercules
        (HPC) and W.R. Grace
        (GRA).
         Five of the ten
        stocks in the Growth portfolio are lower quality
        stocks;
        stocks with rankings of B or worse by the S&P Common
        Stock Ratings.
        Seven of the ten stocks in the Value
        portfolio are lower quality stocks.
        In October we
        introduced the �Growth 10� and �Value 10� portfolios. These
        two portfolios
        are based on our proprietary
        Merrill Lynch vs. Consensus Earnings Surprise Model
        plus
        three additional screening criteria. As their names
        imply, the growth portfolio includes the
        ten most
        attractive growth stocks according to our methodology, while
        the value portfolio
        includes the ten most
        attractive value stocks. A review of the screening criteria
        used to
        formulate these portfolios is
        below.
        Table 1: Stock Selection Criteria
        �Growth 10� �Value
        10�
        Buy Criteria: Buy Criteria:
        ML vs. Cons. EPS
        Surprise Rating of �1� ML vs. Cons. EPS Surprise Rating of
        �1�
        ML QRQ of 2-2 or better ML QRQ of 2-2 or
        better
        Must be rated �1 or 2� by ML vs. Cons. EPS Surprise
        Model for < 10 mos.
        Must be rated �1 or 2� by ML
        vs. Cons. EPS Surprise Model for < 10
        mos.
        Select 10 Stocks with highest 5-yr. Proj. growth rate
        Select 10 Stocks with lowest trailing P/E
        Sell
        Criteria: Sell Criteria:
        ML vs. Cons rating falls to
        �6,7,8,9 or 10� ML vs. Cons rating falls to �6,7,8,9 or
        10�
        ML QRQ falls below 2-2 ML QRQ falls below
        2-2
        Stock removed from S&P 500 Stock removed from S&P
        500
        Stock no longer covered by ML Research Stock no longer
        covered by ML Research
        Source: Merrill Lynch
        Quantitative Strategy
        Bulletin
        United States
        3 May
        2000
        Richard Bernstein
        Chief Quantitative
        Strategist
        Kari E. Bayer
        Quantitative
        Strategist
        Quantitative Strategy
        Update
        Growth 10 & Value 10
        Portfolios
        Merrill Lynch & Co.
        Global Securities Research &
        Economics Group
        Quantitative Strategy
        Department
        RC#10612402
        Quantitative

    • I am doing same thing - setting aside some SPLS for the long-term, but dipping at these prices for to sell at near $20 in the short-term. Hope it works out.

    • Donaldson Lufkin & Jenrette analyst Gary Balter
      stepped up to defend the group after Goldman's call,
      however, telling clients he remains committed to the
      sector.

      "Macro calls do not work in retail," Balter said and
      recommended that investors buy companies with accelerated
      earnings such as Circuit City (CC: news, msgs), Best Buy
      (BBY: news, msgs) and Staples (SPLS: news, msgs) at all
      times and others on dips.

      Susan Lerner is a
      reporter for CBS
      MarketWatch.
      http://cbs.marketwatch.com/archive/20000503/news/current/ratingsgame.htx?source=
      blq/yhoo&dist=yhoo

 
SPLS
8.45+0.38(+4.71%)Jun 28 4:00 PMEDT