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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks
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To: BWAC who wrote (4325)5/10/2001 12:17:46 PM
From: JakeStraw  Read Replies (2) of 5499
 
No doubt the p/e on PAYX is high, but look at a long term chart...They seem to deliver results and investors have rewarded them with a historically high p/e. If they stumble though we all knows what happens then. I just figure also that once a company picks a service like PAYX's they usually don't switch.
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