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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: cheese who wrote (221)11/28/1997 3:18:00 PM
From: John Fairbanks  Read Replies (1) of 27968
 
Sorry, I should have clarified that when I posted it... what Mike had
said was "The two funds that have already bought in are both
Fidelity funds. 'New Horizons' and another that was called 'Small
Company B' or something."

Basically the New Horizons funds is the one that has been driving this.
Apparently the other fund, whatever it's name is, often follows the
picks the New Horizons fund manager makes. It is the New Horizon's
manager that has been researching this stock and has a target price
of $1.50.... of course he may increase that since he made that
statement before the recent earnings release and the new acquisitions.
Mike also said that the New Horizon's guy had been wanting to
aquire a cool 2MM shrs but was only able to get 1.5MM.
The other fund ended up with 1MM.

You might want to give Mike Maddox a call... he's a great guy.
Hopefully I've represented him accurately in posting my notes from
our conversation, but, as we've just seen, sometimes it's best to get it
from the horses mouth rather than relying on my transcription attempts!
:-)

Glad to have you aboard! I think this is going to be incredible... some
of the other stocks I owned had great promise but I just couldn't keep
them in light of this opportunity. Especially since I've actually visited
this company and know they honestly have a real business! ;-)
I learned how important that can be when I lost $7,000 in DACQ
last year because none of us could verify the existance of their
Bolivian tin mine. I guess we all have to learn the lesson! :-)
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