Through a string of acquisitions, Firstar has grown rapidly from its Milwaukee base while earning high marks on Wall Street for cutting costs and boosting revenue growth. Paychex' bread and butter is processing payrolls and handling related tasks for small and midsize businesses. Golisano has focused Paychex on methodically converting those unserved companies into customers. His well-honed growth formula has paid off so far. It is the one firm that has become a sizable player in investment banking, retail private-client services, and asset management in the U.S. and overseas.
Most analysts call that realistic.
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