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Today was the first day of trading of SYX stock on the NYSE. Systemax is the parent company of a number of catalog/Internet retail companies, including Midwest Micro and Tiger computer products (the ones I'm most familiar with). Other companies under the Systemax umbrella include international and office products companies.
The stock is currently at 14 1/2. It seems to be a value play, with low price-to-earnings and price-to-sales ratios. Check out the web site at www.systemax.com. Please feel free to add any observations or comments regarding this company or related topics.
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