FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: John Fairbanks who wrote (205)	11/26/1997 11:46:00 AM
From: John Fairbanks	Read Replies (4) of 27968

Just got off the phone with Mike Maddox... here's what he said: His firm controls 1M-1.5M shrs in their client accounts alone. Two mutual funds control 1.5M and 1M respectively. So over half the float is in friendly hands. He did say that some of his clients wanted out after doubling their money so they have been slowly and carefully leaking shares into the market for those people. 4 fund managers are currently reviewing the stock to decide if they want to buy their funds in. The New Horizons, and Small Company B funds at Fidelity are the funds that have already bought in and the New Horizons fund manager believes that FAMH will easily see $1.50/shr. 3rd Qtr numbers do not include revenues from NY office. The NY office numbers will be included in the 4th qtr numbers. Currently he said that the NY office is doing as well as the Phoenix, Dallas, and St. Louis offices combined. Company plans to be a reporting company in the 1st or 2nd quarter of 98. Company was a 19 year old, family owned, private company that was quietly brought public by a lawyer through a shell company. I just bought more on the dip! :-) -John

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