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


To: Mike M who wrote (324)9/7/1999 1:00:00 PM
From: oilbabe  Respond to of 379
 
Mike: I think there has been a short term bottom put in. It got hit pretty hard to 10 1/6, and bounced pretty well. I agree it may travel north of $11. here, and then who knows... part of the report last week:

Schneller said he expects the company to ``right itself' in September, improve its fourth-quarter 1999 sales and normalize in first-quarter 2000. He also said the company sees a strong demand for its services and maintained his ``buy' rating on the stock.

Schneller said he will further refine his estimates after a meeting with management Sept. 9. Labor Ready is reviewing both revenue and expense items ``with the intent of providing refined forward guidance' for fiscal years 1999 and 2000, he said.