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Technology Stocks : Paychex (PAYX)
PAYX 109.98+0.3%2:06 PM EST

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To: Jeff Bond who wrote (175)6/22/1999 1:16:00 AM
From: gladman  Read Replies (1) of 210
 
PAYX derives it's revenues from computerized payroll and accounting services for small to medium sized businesses.

Last quarter was strong and this quarter is anticipated to be equally as strong..... the economy is growing and I believe PAYX benefits near and long term via a strong economy.

Strong economy = influx of start ups(usually small businesses) = more customers for PAYX.

My 2 cents and good night.

PS - 'good news soon' rumor on Yahoo board.
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