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Non-Tech : SOLOMON-PAGE SYMBOL -SOLP- -- Ignore unavailable to you. Want to Upgrade?

To: FIFO_kid2 who wrote (258)	1/20/1998 2:49:00 AM
From: Gregory DeMoully	Read Replies (1) \| Respond to of 295

JJB, I recently decided to buy more SOLP at $3.00 not because of the earnings projections, but because of the industry prospects, and due to SOLP aquiring more space in S.F. Bay and Atlanta areas. I am bullish on the IT Placement Industry which is 50 percent of the SOLP business. Times are changing. More employees want to become contract workers. Contract workers can demand higher compensation, and also get paid for overtime! Companies are willing to use more contractors for two reasons: 1) IT projects quickly ramp up and down -- it is easier to hire and fire contractors than it is to re-train/re-deploy employees, 2) There is such a shortage of IT workers, companies have an extreme difficulty locating good employee candidates in the first place. We must remember that SOLP just bought back a bunch of warrants which indicate that management thinks SOLP stock is worth at least $5.5. The warrents are showing some strength, moving up smartly from a recent low of 50 cents. IMO, the common will eventially follow. Did you quit your job to day trade? How is it going? Regards, Greg P.S. APSG currently my largest position, SOLP my second largest, and fortunately, mostly out of HAUP above $5.50. VARL what a dog, hope we get a pop before earnings, and I'm out.