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   Non-TechHome Depot (HD)


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To: Bald Eagle who wrote (1123)12/4/2002 11:26:23 AM
From: dave rose
   of 1170
 
finance.yahoo.com
It doesn't look like the order helped them.

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To: Bald Eagle who wrote (1123)12/8/2002 12:37:14 AM
From: Toby Zidle
   of 1170
 
"They claimed that the automatic check out would free up more people to be on the floor."

That may to some extent be true, but it's not as simple as it sounds.

a) Checkout staff is not knowledgeable in hardware, etc. Can they tell me whether the new toilet tank valve that replaces the float ball is an improvement or not?

b) Checkout staff will still be needed for customer assistance when customer pull two bolts from the drawer and knows neither the price nor the SKU number.

c) How does HD plan to monitor the customer who checks out the three $4 lightbulb packs while overlooking the $40 wrench in his basket? Shoplifting attempts are bound to soar. What does it cost to control this?

Optimal Robotics ticker: OPMR (per #1125)

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To: Bald Eagle who wrote (1121)12/8/2002 12:57:45 AM
From: Toby Zidle
   of 1170
 
Who is supplier of customer self-serve checkout stations to HD? There seem to be conflicting press releases.

You quoted a release re Optimal Robotics (OPMR). Yet other releases give HD's contract to NCR.

"We have the largest backlog of orders so far, 2003 is set to be our best year," said Mike Webster, who heads the self-checkout department at NCR Corp. (NYSE:NCR - News).

The company said sales have bounced back from being down slightly after 2001's record year. It recently won a contract worth several million dollars from Home Depot.

Later on in the article...

The lackluster corporate spending environment has hurt Canadian company Optimal Robotics Corp. (NasdaqNM:OPMR - News), which initiated the self-checkout markets in the mid 1990s. Its sales dwindled and stock price slumped 80 percent this year.

Optimal Robotics blamed a general reluctance for food retailers to spend on technology, though some analysts say Optimal's woes may primarily be a result of stiffer competition. The bulk of Optimal's business still comes from food retailers whose margins are razor-thin, while its competitors have more diversified customers.

biz.yahoo.com

Similar news in a December 2 release:

Home Depot plans to add NCR Corp.(NYSE:NCR - News) self-service check-out stations at hundreds of its busiest stores, and is investing in new computers and software to help cashiers at its other check-out stations move customers through faster.

biz.yahoo.com

The HD shareholder probably doesn't care who provides the check-out stations.

However, anyone who read the PR release you quoted and entertained an idea of investing in OPMR (and that included me) needs to take another long look at the situation and find out exactly what OPMR is being contracted for. My thought is possibly some of the components for the NCR station, considerably less lucrative than a supplying the full works.

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To: Toby Zidle who wrote (1127)1/2/2003 5:00:32 PM
From: Dennis
   of 1170
 
shares halted ....news pending

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To: Dennis who wrote (1128)1/2/2003 5:38:12 PM
From: Charles W. Breaux, Jr.
   of 1170
 
The Home Depot Comments on Outlook for Fiscal 2002
Thursday, January 2, 2003 05:02 PM ET

ATLANTA, Jan. 2 /PRNewswire-FirstCall/ -- The Home Depot (NYSE: HD, news), the world's largest home improvement retailer, today announced that it is revising its diluted earnings per share guidance for the fiscal year ending February 2, 2003 from $1.57 to between $1.53 and $1.55. The change in earnings per share outlook is due to slowing sales during the month of December, which lowered the company's expectation of a decline in comparable store sales in the fourth quarter to as much as 10 percent versus previously provided guidance of a decline of between three and five percent.


quicken.com

Chuck

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To: Charles W. Breaux, Jr. who wrote (1129)1/2/2003 7:50:40 PM
From: Bald Eagle
   of 1170
 
Well, that sucks!

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To: Bald Eagle who wrote (1130)1/2/2003 7:58:55 PM
From: Mark Marcellus
   of 1170
 
Not if you're looking to buy.

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To: Mark Marcellus who wrote (1131)1/2/2003 11:25:31 PM
From: Dennis
   of 1170
 
new 52 wk low tomorrow?????

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To: Dennis who wrote (1132)1/3/2003 12:19:53 AM
From: Toby Zidle
   of 1170
 
Closed extended hours at $22.61. Definitely a multi-year Low.

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To: Dennis who wrote (1132)1/3/2003 12:20:00 AM
From: Bald Eagle
   of 1170
 
Look like it from the bid and ask.

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