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.

Non-Tech : LABOR READY (LWR) THE NEXT MANPOWER. -- Ignore unavailable to you. Want to Upgrade?

To: Spunky Beaver who wrote (234)	8/21/1998 2:58:00 PM
From: Spunky Beaver	Read Replies (2) \| Respond to of 455

LABOR READY-LBOR- THE NEXT MANPOWER Let's do some math here. Manpower (MAN) has a $1.83B market cap, $1.91 EPS, an $.18 dividend and a P/E ratio of 12.11. LBOR has a $603 million market cap, $.35 EPS, no dividend, and a P/E ratio of 66.25. If you assume that LBOR revenue growth is twice that of MAN then LBOR shares are worth; (.352)/1.91 $21.75 = $8.46. And that's assuming that there revenue stream is growing at twice the rate on MAN and that LBOR is on the up and up with their accounting and their management team is as good or better than Manpowers. I'm very comfortable with my short. I'll remind y'all that I gave you these facts today when LBOR hits $12. Have a good weekend!

To: Spunky Beaver who wrote (234)	8/21/1998 2:59:00 PM
From: JimNewby	Respond to of 455

According to the CEO, as he spoke during the conf call, a team was preparing to depart for a trip to England (???) to check things out. He did not elaborate. He also said they are looking at "other common wealth" countries. I think he mentioned New Zealand and another I can't recall. This was in response to a question on whether LBOR was planning any expansion into global markets. Jim EDIT: I'm sure others took better notes of the cc than I. Can anyone else give a more detailed answer?