We're looking at companies that are close to making a profit. And there are not too many of those.
Last year there was a lot of noise in the sector. But on a positive note, you've seen a correction in the group.
People will give them a little bit of slack, realizing that this fiscal year it's a turnaround year.
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.
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.
Everybody seems to be focusing on cash flow generation, which was phenomenal in the quarter.
I highly doubt that somebody is going to come and put these companies out of business.
Investors want to see profitability now. Not two years from now.
I don't think that kind of number is sustainable, but people are sure reacting positively.