James Jacques Joseph Tissot Too Early painting
John William Waterhouse My Sweet Rose painting
The company has been in a state of flux lately. In the past 18 months, StaffMark began shedding its staffing units to focus solely on high-technology consulting at Edgewater.StaffMark changed its name to Edgewater last summer, just as it completed the sales of its largest staffing units.While the company raised about $450 million through the sales of its staffing units, shareholders were displeased with the divestiture and some of its employees were unhappy with the move from Arkansas to Massachusetts.StaffMark generated revenue in excess of $1 billion in 1999 before it began a series of divestitures. During the first nine months of 2000, Edgewater reported $23.4 million in revenue.The company stock finished the day at 6-3/8, down slightly on the day but well off its 52-week high of 12-1/16.
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