Magi Astrology--Financial Astrology

FINANCIAL ASTROLOGY

First Trade Date for Staples, Inc.

Company Name	First Trade Date (yyyy-mm-dd)
Staples, Inc.	1989-04-28

Company Name	Symbol
Staples, Inc.	SPLS
History and Business of Company (this information may include date of incorporation)
Staples, Inc. and subsidiaries (SPLS) pioneered the office products superstore concept. This office products distributor operated a total of 1,307 retail stores located in the U.S., Canada, the United Kingdom, Germany, the Netherlands and Portugal as of Feb. 3, 2001. SPLS' North American superstores operate in 45 states, the District of Columbia and 10 Canadian provinces. In addition to its retail operations, SPLS conducts catalog, electronic commerce and contract stationer operations. Staples.com is creating a business-to-business electronic marketplace where small, mid-sized and large businesses can procure office products and business services and obtain business information and expert content. SPLS principal web sites, Staples.com, Quillcorp.com and StaplesLink.com, leverage the brand recognition and fulfillment infrastructure of SPLS. By aggregating business customers, SPLS is creating a sales channel that will provide buyers and sellers with opportunities to realize operating efficiencies by streamlining complex purchasing and distribution decisions and to increase revenue by reaching a broader customer base. SPLS views the office products market as a large, diversified market for office supplies and equipment, business machines and computers, and various business services. Although there are no clear demarcations among segments, SPLS targets four principal groups: consumers and home offices; small businesses/organizations with fewer than 100 office workers; medium-size businesses/organizations with between 100 and 499 office workers; and, large businesses with more than 500 office workers. In 1999, the company adopted a plan to increase its authorized Common to 2.1 billion shares and create a Tracking Stock designed to track the performance of its and retail and delivery and non-e- commerce operations (RD) and e-commerce operations of Staples.com. Staples authorized Common was reclassified into 1.5 billion shares of Staples RD Stock, and 600 million shares of a new class of stock called Staples.com Stock was created. In Mar. 2001, SPLS ended a plan to offer shares in its Staples.com unit, and announced a plan to buy back Staples.com shares at $7 per share, almost double their initial purchase price of $3.25 per share. The company's Board of Directors also proposed a recapitalization which would in effect combine the two series of Staples' common stock into a single series representing all the company's businesses. The proposal was to be presented for shareholder approval at a meeting originally scheduled for Jun. 2001, postponed to Aug. 2001. INCORPORATED in Delaware Nov. 27, 1985. OFFICE- 500 Staples Drive , PO Box 9328, Framingham , MA, USA 01702 (Tel.: 508-253-5000). Fax - 508-253-8989. WEBSITE-http://www.staples.com.

IMPORTANT DISCLAIMER: By reading any of the material on this website you agree to our DISCLAIMER: The Magi Society, Magi Astrologers Worldwide Corporation make no claims whatsoever concerning the validity of the information provided herein, and will not be held liable for any use thereof. No information or opinion expressed here is a solicitation to buy or sell securities, bonds, real estate, commodities, options, futures or any financial instruments whatsoever.