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Barrett Business Services Inc. Message Board

  • extraordinarypaperclips extraordinarypaperclips Nov 1, 2013 3:15 PM Flag

    SB863 is a red herring


    BBSI is growing like a weed, as they are offering something to employers in California or elsewhere that has considerable value. Workers comp is just one piece of BBSI's service proposition. Plus, if you read through BBSI's SEC filings, you will see that BBSI has been reserving more aggressively recently than it ever has in the past. As Elich said on the call Wednesday, "I would say in the last year we have made as much or more progress in the area of workers comp that we maybe had in the previous 25 years that we've been doing what we've been doing."

    Sentiment: Strong Buy

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