Tuesday, July 24, 2007

Paychex, Inc. (Public, NASDAQ:PAYX)

I'm looking for some strength above 43.35 to get long PAYX, 10 million shares short can't feel too good right now!!

Paychex, Inc. provides payroll and integrated human resource and employee benefits outsourcing solutions for small to medium-sized businesses in the United States. Its Payroll and Human Resource Services product lines offer a portfolio of products and services that help clients to meet their payroll and human resource needs. Its Payroll services are provided through either its Core Payroll or Major Market Services, and include payroll processing, payroll tax administration services, employee payment services, and other payroll-related services, including regulatory compliance (new hire reporting and garnishment processing). Its Human Resource Services include human resource administrative services, which include Paychex Premier Human Resources and its Professional Employer Organization; retirement services administration; workers' compensation insurance administration; employee benefits administration; time and attendance solutions, and other human resource products and services.