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

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To: Beltropolis Boy who wrote (82)3/18/1998 3:41:00 PM
From: John A. Snell  Read Replies (2) of 210
 
Hi Chris, Thanks For The Post. . .

I'm so busy these days. . . Thanks for the extra effort in posting the 3rd quarter essentials. . . It would appear there is not too much interest in this stock on the SI site. . . although there are bound to be lurkers. As I reside in Rochester, New York, I've been long on this stock for quite a while, and my holdings are basically part of my "super long hold and forget" portfolio. This stock is a BIG local favorite, due to Mr. Galisano's charisma and management abilities, community concern, and his company's sponsorship of a local "homeboy" PGA golfer. . . Jeff Sluman.

The demand for the services this company provides will continue to grow at a substantial rate. . . the number of home/small business startups seems to show no sign of slowing up for the next 5 to 10 years.

John
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