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Staples, Inc. Message Board

  • alex_the_wavesurfer alex_the_wavesurfer Oct 26, 2000 10:57 AM Flag

    CanAnyoneTellMeWhyItIs DownFrom30ish?

    I am not a long or short on spls, may be i should have been a short. Just curious as to what happen to this brand name we all know.

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    • Have you checked the market in the past 7-8 mos??
      There are a lot of stocks that have tanked for no
      reason.
      As far as inconsistent service, they are
      bringing in accts left and right for the sole reason that
      they can service them. These other outfits do not have
      all the capabilities contract size companies are
      looking for. Not by a long shot!

    • Do you really believe that the only reason this
      stock tanked is because they own retail stores? Stores
      are not their future, e-commerce and contract sales
      are. The market wants revenue and earnings growth. The
      fear is they won't deliver.

    • Hello, it's fu----- retail. Do I really need to explain it you? Watch the news and listen UP.

    • The problem with this whole sector is the days of
      stealing business from weak distributors is about over.
      Office Depot and Staples trampled poorly run ma and pa
      office suppliers and retailers and grew rapidly. In
      order to keep up their growth they now have to grow at
      the expense of well run independents.

      Instead
      of steamrolling these companies, they are losing
      market share to them. SPLS can not compete on anything
      except price with these smaller operators. Office
      supplies are a fully deductable expense to business. Would
      you deal with a bad supplier to save 5%? Most well
      run businesses are choosing the best service/price
      supplier.

      Independent office suppliers are growing faster than ever.
      They have huge buying power through coops they have
      formed. In fact an organization of independent dealers
      called BPGI is the largest buyer of office products in
      the world.

      SPLS will need to get a lot better
      in the customer service area to compete. With their
      size and a full employment economy this will be tough.
      In order to grow they will have to work on slimmer
      margins. We've already seen this fact destroy OFIS, it's
      only a matter of time with SPLS and ODP.

 
SPLS
10.26+0.10(+0.98%)3:11 PMEDT