Jeffrey Silber
Jeffrey Silber
call conference holiday lack news notorious sector timing
The staffing sector is notorious for its lack of visibility. Today's sell-off is an overreaction, exacerbated by the lack of a conference call on this news and its timing during the holiday season.
bit fiscal people realizing turnaround year
People will give them a little bit of slack, realizing that this fiscal year it's a turnaround year.
correction last noise positive seen year
Last year there was a lot of noise in the sector. But on a positive note, you've seen a correction in the group.
close companies looking
We're looking at companies that are close to making a profit. And there are not too many of those.
believe faced positive
While this is not a positive development, we believe this is part of the 'dance' most plaintiffs play when faced with securities-related class-action lawsuits.
cash everybody flow focusing phenomenal seems
Everybody seems to be focusing on cash flow generation, which was phenomenal in the quarter.
companies doubt highly somebody
I highly doubt that somebody is going to come and put these companies out of business.
investors
Investors want to see profitability now. Not two years from now.
number people reacting sure
I don't think that kind of number is sustainable, but people are sure reacting positively.