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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: StockHawk who wrote (14201)	5/7/1999 11:26:00 PM
From: Mr.G	Respond to of 56535

StockHawk I like your beaten up and left for dead style. I've been buying HDWY, Headway Corporate Resources, an office staffing provider engaged primarily in the financial industry. Last @ 4-5/8, yet they earned .14 last Q.(before a non-recurring charge of 1.3MM). Rev's up 60.5%,,EBITDA up 59.8% Only 4.1MM float and the company is aggressively buying back some 10% of the shares because they feel the price is so undervalued--and I agree! The staffing sector has been beaten up due to weakness by some major players, yet HDWY's CEO insists that is not their case (and the numbers appear to confirm his statements). HDWY has fallen from a 52wk high of 12-3/4 yet they are a stronger co. than they were last year AND the CEO is extremely dedicated to shareholder value. The volume has been very low lately, but with such a low float the price can move very quickly. Your not gonna make a $MM on this one overnight but I think TJ should put it on his list. Regards, G,