LABOR READY (LWR) THE NEXT MANPOWER. Message Board

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Non-Tech : LABOR READY (LWR) THE NEXT MANPOWER.

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To: Joe Casey who wrote (365)	9/14/1998 6:47:00 PM
From: Ken Pomaranski	of 455

<< You make it sound like it's guaranteed, easy money to go long this stock >> Nope! What I'm saying is that the risk/reward has shifted to favor the longs. There is no 'easy money' in the market. << One heavy down day in the market and LBOR is back at 12. >> Yes, but the stock does have VERY strong institutional support. Also, with revenues that large, it may be difficult to hold this one down for a long period of time. Lastly, I believe (IMO) that the last month was the capitulation of a 2 year bear market in small caps. This year closely mirrors 1994 and 1990, both of which had strong small cap rallies after the major hit. (as long as you stick with good companies!) The small investor always gets killed in small caps. then stays out of them when they rebound. kp PS: sounds like you got scared out of the market!! Good luck to you...

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