Industry & Services >> Analyst Interviews >> September 13, 2004

OUTLOOK FOR STAFFING STOCKS: JEFFREY SILBER – HARRIS NESBITT

Silber, Jeffrey M.
Jeffrey M. Silber is a Managing Director and Senior Analyst at BMO Capital Markets Corp., covering the business services and education sectors, including the staffing, information services, business process outsourcing and online recruitment industries. He publishes two periodic industry reports: an annual overview of the education and training industry and the “Staffing Indicator,” on staffing services. Mr. Silber serves as the host and moderator for the firm’s annual Back to School Education Conference, considered the premier investor event for the industry. Mr. Silber's research has been recognized by many industry surveys. He has won a StarMine Analyst Award four years in a row from 2011 to 2014, and in 2011 was named to Institutional Investor's All-America Research team for his coverage of the business, education and professional services sector. Profile
TWST: Jeff, what has gone on in this space from a market perspective so

far this year?

Mr. Silber: We believe most investors realize that the staffing industry

is a cyclical industry. In early