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Staples Report

Staples Report

Shares Held: 109
Date Purchased:  09/09/99
HPD paid:   $27.60 per share; $3,008.81
Currently Trading: $17.63  (6/21/2K)
Percentage Gain: -36%
Annualized Return: -54%

Broker Recommendations:
   Strong Buy       7
   Buy                  6
   Hold                3
   Sell                  0
   Strong Sell       0
   Consensus  1.69

NewsWatch Latest headlines  5:22 PM ET Jun 16, 2000

CHICAGO (CBS.MW) - Investors walked away in masses from most
retail stocks in late trading Friday, leaving the sector sharply lower.
The S&P Retail Index ($RLX: news, msgs) closed down a hefty 19.06, or
2.2 percent, to 839.65. Though the index was down all day, the
biggest losses came in the last two hours of trading.

Defying the sector for the second consecutive week was Staples Inc.
(SPLS), closing up a robust 1 3/8, or 8.1 percent, to 18 3/8 as the
most heavily traded stock on the index Friday. Since hitting a 52-week
low of 13 1/2 on June 7, Staples has been steadily climbing.

Insider Sells STAPLES INC (SPLS)  June 16, 2000 01:51 AM
TITLE: Officer
TRANSACTION: Sale 61,249 05/12/00 $17.16
OWNERSHIP: 470,759

Staples Opens Store at Newark International Airport
June 13, 2000 09:04 AM

FRAMINGHAM, Mass.--(BUSINESS WIRE)--June 13, 2000--Staples, Inc.,
(SPLS), operator of more than 1,200 superstores worldwide, today
announced the opening of its third airport store, at the Newark
International Airport. The Newark airport store will offer travelers
three ways to shop: traditional retail, a kiosk linked to Staples.com
and a direct phone line to Staples catalog representatives.

Staples recently received an award as the "Best New Specialty Airport
Retail Concept" by World Airport Retail News and the "Most Innovative
Concession" Award for the Philadelphia International
Airport store from Airport Councils International. Staples airport
stores are also open at the Philadelphia International Airport and
Boston Logan International Airport.

Staples.com and CloudSource Announce Strategic Business Partnership
June 12, 2000 09:17 AM

OAKLAND, Calif., June 12 /PRNewswire/ -- CloudSource
(www.cloudsource.com ), a leading developer of Web sites for small- and
medium-sized businesses, today announced the addition of Staples.com to
its list of strategic partners.

Staples.com, which is creating a leading e-marketplace for small
business, hand-selected CloudSource to be a Web site development
provider in its Staples.com Business Solutions Center. The
Staples.com Business Solutions Center provides over 20,000 small
business services through Request for Quote (RFQ) and Click and Buy,
plus actionable content and community.