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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Simon Shah who wrote (278)12/2/1997 10:01:00 AM
From: John Fairbanks  Read Replies (3) of 27968
 
Ok... here's the story. I just spoke with Alexander Wescott and they
gave me the following from the info packet Ira gave them to give to
possible institutional investors. This information is accurate as of
today.

Total public float: 7.4MM
Total shrs O/S: 20MM.

Note that the 504 DID increase the float to 7MM from 2MM, but all
of that has been factored in long ago and all the new shares are in
the market.

Also note that the reported EPS for the first 3 qtrs of .12/shr is fully
dilluted on the 20MM. The company's estimate of .09/shr EPS is also
fully dilluted.

I'm looking for some money to buy more! :-)

I also found out that I had in fact misquoted them in saying that a
Fidelity fund was involved. The funds involved are funds managed
by a company called Equity Research. He had said that the funds
bought the shares through a Fidelity broker and I had misinterpreted
this to mean that the funds were Fidelity funds.
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