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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (6857)7/19/1998 5:06:00 PM
From: Sal D  Read Replies (3) of 29382
 
Sergio and thread I have decided to offer up SOS Staffing Services, Inc. (SOSS). SOSS is an independent regional provider of staffing and consulting services, including light industrial, clerical, technical, specialty and other professional services operating through a network of more than 140 offices located throughout western United States.

SOSS was one of the twelve companies to present there stories to the public on May 8th in Scottsdale Arizona at the Red Chip review investors conference.SOS Staffing (Nasdaq: SOSS - news) RED CHIP Rating: A

SOSS, a temporary staffing company focusing on the light industrial, clerical, and ''hot'' information technology sector, has grown at a 31% compound annual rate over the last four years. SOSS is
expanding nationwide through an aggressive acquisition strategy as well as internal growth, which continues at a 20% rate. Visit its Web site at www.sosstaffing.com.

This is when I became interested in SOSS and recent developments within the company have made it more attractive.

May 26th they announced they have acquired two companies specializing in information technology(IT).
biz.yahoo.com

May 27th coverage initiated by Pain Webber with a buy rating. There are four other brokers all with strong buy ratings.

July 9th announced it has completed the acquisition of Neosoft, Inc. expanding it's specialized IT services.
biz.yahoo.com

I like the way the company is posturing itself in the IT area as I feel this is a rapidly expanding area. I also feel management has focus and is moving the company forward. There is large institutional and insider holdings. I do not see any major problems with the balance sheet.

And as for the numbers
www4.edgar-online.com
www4.edgar-online.com
www4.edgar-online.com
biz.yahoo.com

This is of course not a recommendation to buy this stock it is just one mans view and a starting point for anyone who may be interested in researching the company.
Joe
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