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


To: S. E. Snider who wrote (399)9/22/1998 7:32:00 AM
From: Kip518  Respond to of 455
 
Labor Ready to List Common Shares on New York Stock Exchange

PR Newswire - September 22, 1998 07:15

TACOMA, Wash., Sept. 22 /PRNewswire/ -- Labor Ready, Inc. announced it is cleared to submit its formal application to list its common shares on the New York Stock Exchange, and expects the shares will commence trading in October.

The New York Stock Exchange informed Labor Ready it meets all eligibility requirements to list on the Exchange. The company's shares currently trade in the Nasdaq Stock Market as LBOR.

"The move to the New York Stock Exchange underscores our continuing growth and industry leadership, and will give us shareholder visibility worldwide," said Glenn Welstad, Labor Ready Chairman and Chief Executive Officer.

"In addition, we expect our move to the New York Stock Exchange will significantly benefit shareholders because of the traditionally narrower price spreads, reduced price volatility, and high standards and efficiency of the specialist system," Welstad said.

Labor Ready is the nation's leading provider of temporary manual labor to the construction, light industrial and small business markets. It operates 483 dispatch offices and in 46 states, Puerto Rico and Canada.

SOURCE Labor Ready, Inc.

/CONTACT: Joe Sambataro, Chief Financial Officer of Labor Ready, Inc.,
800-610-8920, ext. 3203; or Richard Stern, or Jeffrey Goldberger, both of
Stern & Co., 212-888-0044, for Labor Ready, Inc./



To: S. E. Snider who wrote (399)9/22/1998 11:38:00 AM
From: Khris Vogel  Read Replies (1) | Respond to of 455
 
I did see that. Thanks. I'm not sure if these jokers were part of the orchestration, or whether they are inept marketers just trying to tie their names to notable moves (after the fact, of course) so as to give themselves legitimacy.