LABOR READY (LWR) THE NEXT MANPOWER. Message Board

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

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To: T2 who wrote (304)	9/3/1998 10:44:00 PM
From: Cosmo Daisey	Read Replies (2) of 455

T2, """While I think the stock may trade sideways for a few more days due to the market mood, I believe the stock will start moving up, and quite strongly. Especially before their Oct. earnings report. This is the quarter that demand for their staffing is highest, and this quarter has always been their best.""" Curious statement, their SEC filings indicate the Oct quarter isn't expected to be as strong. Market mood? The price was in a decline based on fundamentals before the general market meltdown. The jump following the decline was artificial because bargain hunters didn't research the company they just looked at it as a stock that was down because of the overall market. We have once again entered the decline that was evident previously and it will expand exponentially when the bargain hunters realize their error and head to the exit. Coz

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