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Non-Tech : Labor Ready (LRW) -- Ignore unavailable to you. Want to Upgrade?

To: Khris Vogel who wrote (290)	9/1/1999 1:06:00 AM
From: Mike M	Respond to of 379

I was very fortunate to have sold a large trading position around 40(pre-split) and have since added back even more shares than I originally sold (most between 15 and 17 post-split). I wasn't nimble enough to short but then had no idea the stock would drop so dramatically. I consider myself very fortunate to have been afforded this opportunity....It is as if lightning hit twice in the same spot. I remember picking shares up at 11 back in Sep-Oct 98 as if it were Christmas. Who could believe another incredible buying opportunity would materialize so quickly. If the stock would somehow continue lower, I will continue adding to my position. I have no reservations for the long term for this company. I am convinced that the departure of Mr Diamond is somehow tied to much of this(as apparently are you) but the principal would not make any attempt to confirm that. I wish you continued success. By the way...OT...take a look at the GUMM thread....I have been in this stock for ages and believe that it is finally about to pay big dividends. Regards, Mike

To: Khris Vogel who wrote (290)	9/2/1999 3:11:00 PM
From: Mike M	Read Replies (2) \| Respond to of 379

Extremely cheap, IMO. Khris, it just got cheaper....I guess you are aware that John Sneller from Stephens downgraded his estimate from .63 the next two quarters to .53...giving the year .80/share... He also lowered next year to 1.20 from 1.27... What an incredible over reaction by the market... I picked up a very large block of shares today. Hope you were in a position to do so as well. By next year the company should have close to 700 sales reps and all of this will be behind them....Glen Welstead no doubt rues the day he hired Mr Diamond....but I consider this to be a godsend....