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Opinion on  Paychex Inc. (PAYX)     Sector: Services  >  Industry: Business Services
lower interest rates and slower economy

Feb 03, 2008 05:55 AM GMT
Return Risk
-34.93% MID
Analyst

PAYX is a good company but has a high p/e ratio and earns money on the float  that it gets from its clients and will earn less on that with interest rates coming down, also a slow economy will not be good for new business that might add to their earnings.


PAYX:  This call was made on 02/03/08 @ $33.92
Rating:   Negative   $33.92 (02/03/08)
Gain/Loss:   +6.57% in 662 days


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