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Non-Tech : LABOR READY (LWR) THE NEXT MANPOWER.

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To: JimNewby who wrote (224)8/21/1998 6:36:00 AM
From: S. E. Snider  Read Replies (1) of 455
 
I have been investing in LBOR since October 1994 and I am rather disgusted with the grossly misleading and unsupported postings by a few individuals on the YAHOO LBOR thread.
[http://messages.yahoo.com/bbs?action=m&board=yahoo.f4.01.7082751&topicid=0m2&msgid=6rfhta$a25$2@m2.yahoo.com]

Normally I do NOT pay any attention to some of the misinformed (or intentionally misleading) posts made on many internet message boards because I KNOW that individuals and groups often try to manipulate the prices of thinly-traded stocks to their own personal advantage. One of the KEY strengths exhibited by Labor Ready management during the last 4 years has been its ongoing ability to meet or exceed planned sales and profit projections. The GROSSLY MISLEADING and UNSUPPPORTED negative posts on the YAHOO thread by a few selfishly motivated people in recent days has certainly needlessly frightened some investors. But, for those of us who have been invested in LBOR for a long time, this has provided us a WONDERFUL BUYING OPPORTUNITY before the stock stabilizes and returns to long term growth pattern. Personally, I have significantly added to my own holdings and would encourage anyone to ACT NOW to increase their position. I do have to agree that the conference call could have been better handled, but I am more interested in the longer term PROVEN performance of LBOR management. Contrary to what a few short traders may try to misinform you, IMHO there is NOTHING wrong with this company and the stock is a long term WINNER.
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