After our meeting I had the chance to look at Oppenheimer's Recap Report and uggghhhhh! That's pretty much all there is to say. Joseph does make a couple of good points, but there is a resounding feeling of a need to justify his stance through a couple of contradictory statements in the report. We have sent the report to our contact list.
Capital Ladder will have a first look at how sales at Office Depot are performing since the launch next week. Good luck and be well all!
Can't say I'm particularly surprised; Joe kind of backed himself into a corner. He already basically declared "mea culpa" when he went back on his upgrade a mere month earlier and will look pretty indecisive or worse downright incapable if he flip flops back. Fortunately he already downgraded so what more pain can he really inflict? So much for Q2 choppiness though huh there Joe?