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Staples, Inc. Message Board

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  • Anything_that_goes_up Anything_that_goes_up Aug 13, 1998 9:06 PM Flag

    Correct me if I am wrong!

    I'm certainly pleased that we got .12. I'm
    worried because I've already had 2 stocks report 25%
    positive surprises to be treated with 30-40% price
    declines. However, Staples is more stable and I'm not
    worried. I did get worried when I saw the headline on the
    Yahoo! news for Staples which trumpeted 'STAPLES STOCK
    FALLS". When you read the article is says on instinet
    we're down 1/16 to 31-5/8. WHOOPIE!!!! Sounds like
    another news organization blowing things out of
    proportion again. Thanks for the coronary,
    Reuters.

    Don't sweat the split. It'll be coming in the next few
    months. I've been in Staples now for less than 4 months
    and I'm up over 35%. It has been the star of my
    portfolio.

    Just checked earlier messages -- the last split was on
    1/30/98 -- 6 months ago. One split a year is enough.
    Don't you think 2 in a year is a bit much?

    On
    the whole, to the Staples team, well done!!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I think that once a company starts a pattern of splitting a stock at a set price they should maintain that pattern because holders expect them, I'm ready for one right now. EOM

    • i just read reuters story about spls falling
      after the bell and spls was down % FROM QUARTER LAST
      YEAR! ARE THESE PEOPLE SMOKING CRACK. SOMETHING HAS GOT
      TO BE DONE WITH SLANTED UNINFORMED REPORTING. lets
      see sales up 30 % spls beats estimates this quarter
      and this is their SLOW quarter. this type of
      reporting is enough to make people stop reading and reuters
      stories, just total irresponsibility.

 
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