Wednesday, November 1, 2017

Office Depot and Telecoms

Office Depot is trading below book value and they do a good business as it is Go into their stores and you'll see they are setup for business and they now did a big $1 billion dollar bet on selling more No one will touch the stock until they show results so for a small guy it give him a chance to speculate in a reasonable manner Is Teleco, like Tobacco? I mean they said Tobacco will die and yet it didnt while paying monster dividends Now All these companies are paying over 5% yields Will everyone go to using WhatsApp and Wi Fi? See, this is classic value outlook - do i chase the hot money or buy dogs and sit on them for a few years? IDT T VZ FTR DISH Tmobile S

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