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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (4326)5/10/2001 12:27:18 PM
From: BWAC  Respond to of 5499
 
You're right. Small Companies usually don't switch once they pick a payroll provider. Attrition instead comes from small businesses simply failing due to the excessive interest rate increases and economic policies of the Asshole Greenspan. Ooops. Anyway such would be the risk with PAYX and its continued growth. The economy. The failing of small undercapitalized businesses. The lack of access to start up capital. The unwillingness of banks to loan, at reasonable rates, to prospective small business owners who can't qualify for government subsidies.



To: JakeStraw who wrote (4326)5/19/2001 1:16:56 AM
From: BWAC  Read Replies (1) | Respond to of 5499
 
Jake,

Did you know or have you noticed that DSET is trading at $1? I took that one off my list and I was revisiting old ideas tonight to either throw away permanently or take a new look at. DSET at $1 struck me as interesting. From a pure speculation standpoint. Do you have any idea what happened to them? Just a market symptom? Offhand looks like revenues fell off the table.

BUT they still have $2.50 in cash and no debt. Last earnings report in late April stated that they expected a turnaround by year end and a return to profitability with revenues of $10 Million per quarter. (Current was 3.5 Million). Anyway end of year cash was projected to still be about $1.80 per share.

Bargain? Or Bait?