Barrett Business Services Earnings Review [View article]
Hi, Thanks for the update on the cc. I will try to listen to a replay later this week. Any guidance for 2009 or Q4? At this point, I'm less concerned about the rest of 2008 but would like to hear if the company has any projections for 2009. And my comment that 'significant share appreciation may be hard to come by' was shot down quickly! Roth Capital upgraded the stock to a 'buy' this morning, which I did not mention in my article and may have also contributed to today's spike.
Barrett Business Services: Jumping in Ahead of Earnings [View article]
Yes, I agree that macro conditions will continue to challenge the company as they have stated. The headline is a little deceptive, I'm not jumping in prior to earnings (and have no position in BBSI) but rather I'm watching closely to see how big of an impact macro conditions will have on the company going forward. The balance sheet is solid and the book value and no debt give it some downside protection, but if earnings continue to drop at alarming rates, then there will be more downside. Tomorrow should be interesting!
Barrett Business Services Earnings Review [View article]
Barrett Business Services: Jumping in Ahead of Earnings [View article]