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.
-----
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 |