Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Charles P. Hubbard who wrote (160584)	4/17/2002 3:32:38 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

looks like a bloated POS (piece of stock), but perhaps their biz model is not so bad ...I figure a lot of folks will be looking to streamline HR, no??

To: Charles P. Hubbard who wrote (160584)	4/17/2002 3:48:27 PM
From: reaper	Respond to of 436258

Charles -- I would not bet against Tom Golisano and his management team if you PAID me. Take a look at ADP -- a $30-ish billion market cap and a like 30-year un-interrupted string of earnings increases. Payroll is a GREAT business; capital returns and cash flow are just fantastic. Paychex is expanding into a whole host of other HR businesses as well that ultimately (IMO) will be bigger than their existing payroll business. This is a company of the HIGHEST quality; frankly I don't know if there is a higher quality outfit out there. Like my comment a couple of seconds ago to Tip RE:KSS, this is the sort of stock that people are going to pile into as the rest of the stock market gets revealed for the cesspool that it is. Disclosure: no position (though I obviously sound like a long ;^) Cheers