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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: MasterPicker1 who wrote (10064)6/9/2005 9:18:15 AM
From: Crossy  Read Replies (1) | Respond to of 37387
 
re: WPCS

sorry - this company's business model "engineering services" doesn't interest me. It doesn't scale well conceptually. It might do ok and it could be a great investment but business strategy is an important criterion in all my investments. Service stocks with a huge human component aren't what I like to take up..

apart from this, WPCS certainly isn't expensive either (looking at ratios like PSR, PCF etc..). It's just not something I fancy to own in my portfolio..

hint: human professionals are costly and do not scale well. To double output ("deliver growth") you need twice as many skilled experts. That gives you ARITHMETIC growth at best. I am looking for EXPONENTIAL GROWTH opportunities instead..

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