Paychex (PAYX) Message Board

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Technology Stocks : Paychex (PAYX)

PAYX 92.04

-2.9%

12:54 PM EST

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To: Cytokine1 who wrote (38)	4/20/1997 11:15:00 PM
From: Joe Basile	of 210

I bought the stock at 32, sold it at 39 (back in late 93 and early 94). Thought I was pretty smart. (gulp!) Since I live in their home town of Roch. N.Y. its hard not to watch it closely. The recently announced stock split will likely spur more investing. While the PE is high as mentioned in earlier posts, it always has been, and the stock somehow just keeps rising. I guess that's the nature of a truly storybook growth stock. I'm a bit light on risk capital at the moment. Unfortunate for me, the stock in my opinion, is a good buy at these levels. Good luck folks, I dont think any of you will be hurt with a position in this stock. Take care.

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