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


To: Joe Casey who wrote (373)9/15/1998 10:26:00 PM
From: Mike M  Read Replies (1) | Respond to of 455
 
<< 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. >>

Now this is a post we can all give credence to....

<< Heck, there's a ton better companies out there trading at PEs under 15.>>

stop you're killing me...........



To: Joe Casey who wrote (373)9/16/1998 12:53:00 AM
From: peter michaelson  Read Replies (2) | Respond to of 455
 
Joe:

I agree. Forgetting about the whispers of irregularities, it's just not that attractive a business. No barriers to competition, little or no economies of scale, highly susceptible to recession, no asset base.

There are much more attractive businesses for sale at lower prices. Some for less than cash on the books.

peter