Sykes Enterprises (SYKE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Sykes Enterprises (SYKE)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JGreg who wrote (21)	1/14/1999 1:15:00 PM
From: Marty	Read Replies (1) of 48

Just read a great review on the company in yesterday's Investor Business Daily and picked up some shares because of it. Noticed that the stock is up 10 points or about 33% since it was downgraded in Feb. '98. Outsourcing is a great way to save money and it is clearly a trend for the future. (I also have some Fidelity Select Business Services and Outsourcing mutual fund that has done very well.) This has been an overlooked opportunity, which could be a good indicator for future upside. It is clear from the article that they can perform the services a lot better than the client companies. It is a very similar situation to Solectron (another holding of mine) that expanded from just an assembly source to also provide, R & D, shipping, billing, collection and so on. You can have an idea and, say, a website and SLR will determine how to make your product, manufacture it, sell it, pack and ship it, bill it and collect the bills for you. All you have to do is get the idea and cash your checks. SYKE could provide additional services as well. That kind of expertise usually spreads like water on a blotter.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next