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Office Depot, Inc. Message Board

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  • staplers101 staplers101 Sep 11, 2007 11:55 AM Flag

    Down Another 4%

    Excellent analysis with one fault.
    You use the current sales and earnings for ODP in your analysis. They announced at the Goldman conference that profits will be down at retail and profits will be lower in the delivery business - you did not factor that in. The market is doing exactly that now hence the current price of $18 +/-.
    I see $15 before $25 unless there is a top managment change .

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