POST OF THE DAY
Foolish Collective
Paychex (PAYX) Final Archive

Format for Printing

Format for printing

Request Reprints

Reuse/Reprint

By admiraltroll
September 25, 2003

Posts selected for this feature rarely stand alone. They are usually a part of an ongoing thread, and are out of context when presented here. The material should be read in that light. How are these posts selected? Click here to find out and nominate a post yourself!

Hi Collective,

Here is the final archive of our Paychex Research. I had originally intended to write a synopsis of the research but there is no way I had the time to go through this volume of material and decide what should be included or left out.

Summarizing in a quick sentence I believe that the consensus would be "great company but a somewhat overvalued stock at this time".

For those reading who are not aware there where some 25 or so contributors to this research and some outstanding contributions. In many cases I would recommend clicking on the "whole thread" function to see the depth of discussion.

Original Volunteers - note many more, such as madmarv, quasie & scoopshot, have jumped in after the research got started. http://boards.fool.com/Message.asp?mid=19485871

1. Introduction
http://boards.fool.com/Message.asp?mid=19473485

2. Products & Services
http://boards.fool.com/Message.asp?mid=19503399

3.Preliminary market findings
http://boards.fool.com/Message.asp?mid=19478048

4. Industry Analysis
http://boards.fool.com/Message.asp?mid=19507791

5. Competition /Threats to Entry/ Competitive Advantage
http://boards.fool.com/Message.asp?mid=19475770
http://boards.fool.com/Message.asp?mid=19476301
http://boards.fool.com/Message.asp?mid=19477330
http://boards.fool.com/Message.asp?mid=19477055
http://boards.fool.com/Message.asp?mid=19478890
http://boards.fool.com/Message.asp?mid=19481968
http://boards.fool.com/Message.asp?mid=19472079
http://boards.fool.com/Message.asp?mid=19502761
http://boards.fool.com/Message.asp?mid=19508426
http://boards.fool.com/message.asp?mid=19507433
http://boards.fool.com/Message.asp?mid=19507750
http://boards.fool.com/Message.asp?mid=19519416
http://boards.fool.com/Message.asp?mid=19524697
http://boards.fool.com/Message.asp?mid=19507903
http://boards.fool.com/Message.asp?mid=19507991
http://boards.fool.com/message.asp?mid=19511745

6. Management & Corporate Governance
http://boards.fool.com/Message.asp?mid=19508678

7. Executive Compensation
http://boards.fool.com/Message.asp?mid=19519746

8. Employee Stock Options (ESO's)
http://boards.fool.com/Message.asp?mid=19487547
http://boards.fool.com/Message.asp?mid=19496057

9. Corporate Culture
http://boards.fool.com/Message.asp?mid=19511264
http://boards.fool.com/Message.asp?mid=19529931

10. Human Capital
http://boards.fool.com/Message.asp?mid=19511488

11. Scuttlebutt
http://boards.fool.com/Message.asp?mid=19502761&sort=whole

12. Financial analyses (check whole thread here)
http://boards.fool.com/Message.asp?mid=19503276
http://boards.fool.com/Message.asp?mid=19524506
http://boards.fool.com/message.asp?mid=19532928
http://boards.fool.com/Message.asp?mid=19542589
http://boards.fool.com/Message.asp?mid=19528413

13. Valuation Analyses
http://boards.fool.com/Message.asp?mid=19482542
http://boards.fool.com/Message.asp?mid=19513302
http://boards.fool.com/Message.asp?mid=19513663
http://boards.fool.com/Message.asp?mid=19501710
http://boards.fool.com/Message.asp?mid=19508101

14. Conclusions and the Future
http://boards.fool.com/Message.asp?mid=19534847&sort=whole
http://boards.fool.com/Message.asp?mid=19544555&sort=whole

Other Posts and Links

AKJunkie lists Payx articles links
http://boards.fool.com/Message.asp?mid=19477201
Jordrok Payx links
http://boards.fool.com/Message.asp?mid=19477503
Philip links analyst report by Coolprash
http://boards.fool.com/Message.asp?mid=19476516
Maeve's links to Payx
http://boards.fool.com/Message.asp?mid=19493917
Jordrok Payx links
http://boards.fool.com/Message.asp?mid=19495245
David's LeBeancountiere Warren buffet like ADP link
http://boards.fool.com/Message.asp?mid=19510166
Jordrok's links Fortune article
http://boards.fool.com/Message.asp?mid=19521407
Jordrok links two more articles
http://boards.fool.com/Message.asp?mid=19521467
Extra links
http://www.workforce.com/section/11/feature/23/45/78/234623.html
A bit of TA from adiabatic
http://boards.fool.com/Message.asp?mid=19477697
BabyFrogs thoughts on channel stuffing in service industries
http://boards.fool.com/Message.asp?mid=19503556

Regards
Philip


Become a Complete Fool
Join the best community on the web! Becoming a full member of the Fool Community is easy, takes just a minute, and is very inexpensive.