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Office Depot, Inc. Message Board

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  • shaundoe shaundoe Feb 26, 2008 10:53 PM Flag

    Joel Greenblatt Has Spoken

    You brought up a good point: I looked back at the numbers. The price of ODP on Dec. 31 closed at 13.91, hence the 12/31 filing showing a value of 13.91/share. The Gurufocus site gives an AVERAGE price over that quarter of $17. Therefore, we don't know exactly what he paid, but somewhere between 13-22 is what we know. Thanks for bringing that up!

    The Bernstein analyst had some positive things to say about the second half of this year and next, on the bright side to today's pummeling.

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