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Technology Stocks : Paychex (PAYX)
PAYX 97.81-0.7%10:47 AM EST

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To: John A. Snell who wrote (94)7/7/1998 11:01:00 AM
From: Beltropolis Boy   of 210
 
good to see this board pick up a bit.

paychex mentioned very briefly in this past sun's washington post bidnez section. cited as a tech stock no less.

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The Inside Scoop
By James K. Glassman
Sunday, July 5, 1998; Page H01

"For many investors, owning the shares of technology companies has long been viewed as a treacherous activity," writes Mathews M. Cherian in the new issue of the Babson Staff Letter, a literate, helpful newsletter from David L. Babson & Co. in Cambridge, Mass. (617-225-3800). How to avoid the dangers? Cherian suggests technology stocks with limited competition, low risk that products will grow obsolete, little pricing pressure and a strong revenue flow.

He cites three: Maxim Integrated Products Inc. (MXIM) and Linear Technology Corp. (LLTC), makers of high-performance analog computer chips, and Paychex Inc. (PAYX), payroll processing for small companies. Check them out.

washingtonpost.com
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