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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (2138)	8/27/1998 2:15:00 PM
From: Cosmo Daisey	Respond to of 4634

Dr. Wexler, LBOR is laundering money, pure and simple. Glen Welstad CEO, has sold 350,000 shares since September and they are buying stock on the open market to prop it up while he sells. On August 12 he filed to sell 100,000 shares and today announced the company is buying back 106,000 shares. Money laundering. biz.yahoo.com LBOR news: Labor Ready Buying Back Stock in Open Market; Chairman Welstad Says Stock is Undervalued TACOMA, Wash., Aug. 27 /PRNewswire/ -- Labor Ready Inc. (Nasdaq: LBOR - news), saying the current low level of its stock price does not reflect the Company's fundamental strength and growth, the nation's leading provider of temporary manual labor reported it is currently repurchasing 106,000 shares of its common stock in the open market, completing a buyback program authorized by the board of directors in 1997. Labor Ready Chairman and CEO Glenn Welstad said, ''Labor Ready continues to show extraordinary growth in terms of revenue and earnings. We believe that our stock price is greatly undervalued at present levels and does not accurately reflect the tremendous fundamental strength of Labor Ready and its demonstrated potential.'' Coz