Gordon Reid Essendant Inc ESND-Q TOP PICK May 12, 2010

Wholesaler of business supply items such as stationery, computers, office furniture, janitorial supplies, etc. Wholesales this through 25,000 resellers. Inexpensive at 12X earnings. $5 billion in revenue.

Gordon Reid

Owned

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$60.440

Stock price when the opinion was issued

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(A Top Pick May 12/10. Up 20.65%.) Office products including everything from small computers to janitorial services. Supply about 100,000 different products through 25,000 resellers.

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Gordon Reid Essendant Inc ESND-Q TOP PICK May 12, 2010

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