FAMH @ .18- STOCK PROMOTION! Message Board

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Microcap & Penny Stocks : FAMH @ .18- STOCK PROMOTION!

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To: FARRIS who wrote (205)	11/3/1997 10:23:00 AM
From: CO	Read Replies (2) of 277

Farris, I would assume that the estimated EPS of .09 for the 4th Q was figured on the total outstanding shares of 20 million. It is my understanding that this figure has not changed. The increased float should not affect the estimated EPS. The .09 estimate should still be an accurate ESTIMATE. The copy of the financials that I received for the first 6 months, showed a profit of 1,265,854.14. Using this figure and divided it by the total number of OUTSTANDING shares, you will get an EPS of .06329 for the first 6 month of 1997. I agree with Dave 7 million in the float is not a big deal. What is important is how the money raised is spent. It appears that it is being used to acquire additional businesses. In my opinion this is good. They appear to be using the money to increase their revenues. Cheryl

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