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Technology Stocks : Paychex (PAYX)
PAYX 110.33+0.6%3:59 PM EST

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To: John A. Snell who wrote (78)3/18/1998 11:28:00 AM
From: Beltropolis Boy  Read Replies (1) of 210
 
here's the 3q release. street liked it, albeit, briefly: busted thru another 52-week high yesterday to hit $56, but closed down 1-3/8.

revenue, net income, and eps up 24%, 37%, and 33%, respectively, over 3q last year. in addition, "Expansion of the Company's HRS-PEO client bases continues to be strong with 5,200 clients taking advantage of the Company's 401(k) recordkeeping services, an increase of 100% over February 28, 1997, and 18,200 PEO worksite employees, an increase of 52% over February 28, 1997."

is anyone out there?

* PAYCHEX INC reported 3Q EPS of $0.24 vs $0.18 on revenues of
$271.3 mln vs $195.5 mln last year. Analysts' mean estimates were
$0.23, according to First Call. (Reuters 08:46 AM ET 03/17/98)

marketwatch.newsalert.com
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