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

To: Daniel Levy who wrote (319)	9/5/1998 4:47:00 PM
From: Mike M	Respond to of 455

<<Maybe they (analysts) are all stupid or gullible? Maybe all the shorts on this site are brilliant people? (you may want to read the information data on the short guys posting here - very interesting information). >> If I have to pick from one of those options, I guess I have to go w/ the first one.... They are interesting, particularly the "Beve...." Mike

To: Daniel Levy who wrote (319)	9/5/1998 10:03:00 PM
From: peter michaelson	Read Replies (1) \| Respond to of 455

Daniel: LBOR is in a cyclical business? Since when is temporary labor cyclical? Does anyone seriously think that the US is heading into a period when there will be a dramatic decrease in need for temporary laborers? Cyclical business means to me that it's more sensitive than average to a recession. I should think LBOR fits into that category - if a recession comes, the need for workers generally declines. A business employing temporary workers in addition to permanent ones will generally lay-off the temps first. This lay-off-ability is one of the main reasons employers hire temps. Therefore LBOR's business is more sensitive to recession than the average business, IMO. peter