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


To: Spunky Beaver who wrote (372)9/15/1998 9:32:00 PM
From: Joe Casey  Read Replies (2) | Respond to of 455
 
It was actually me who drew attention to the "amazing" web site. Btw, LBOR now trades at 17 times 1999 Zack's consensus estimate. Although longs will shout that LBOR has been manipulated down wrongfully by short sellers, it looks generously valued to me at 16 bucks, given the uncertainty for demand in the labor market, the strong insider selling, and market weakness. Heck, there's a ton better companies out there trading at PEs under 15. If Greenspan doesn't hint of an upcoming cut, hello LBOR back to 13 or below. It's only fair.