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Non-Tech : Automatic Data Processing (ADP)
ADP 259.05-0.5%9:30 AM EST
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To: Gold Panner who wrote (3)7/15/2002 11:57:38 AM
From: Steven Dopp  Read Replies (1) of 70
 
Morningstar's website has an article today on Paychex. They like them at the current price. My stock club looked at Paychex also and liked them. They had a higher p/e ratio and a higher projected growth rate than ADP. The club decided to go with the ADP due to its lower p/e ratio.
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