vboring

Office Depot: Super Cheap or Mistake?

the biggest home office equipment buyers are RE agents. due to low RE transactions recently, RE agents are feeling poor. a housing-led recession will make RE agents and companies whose primary customers are RE agents suffer.

Office Depot Stung by Housing Weakness, Shares Down 11%

this puzzled me for a second.

then I realized that real estate agents are the most likely people to have small businesses at home. since nothing has been selling for 6 months, RE agents are in a world of hurt and hardly in the mood to buy a new desk or chair.