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Re: DD2Gain post# 17633

Thursday, 10/30/2014 9:52:53 AM

Thursday, October 30, 2014 9:52:53 AM

Post# of 84328
I'm trying to establish a baseline for comparison. One says LTNC is like LBOR, another says nothing alike. In 1991 LBOR had been in business for at least 4 years. In 2012 LTNC had been in business for 1 year. LTNC had 2 offices starting the year and opened 4 more at some point, looks like before the 3rd quarter. Let's say they were opened at the beginning of Q2. So 2 offices were open for at least 12 months and 4 for 9 months at the end of 2012. And that produced $7mm in revenue. LBOR had 4 years operating and had less revenue with 8 offices than LTNC with 6 (4 less than 9 months old).

Again I hate disagreeing with everything you post, but if I take an objective look at these two companies LTNC is ahead of the curve compared to labor ready in its early years and u can easily see the comparisons that people see in the two companies.

The question is, labor ready eventually got to profitability. Will labor smart? And if/when it does will it see the valuation surge that labor ready experienced?