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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: CO who wrote ()12/4/1997 4:19:00 PM
From: Count de Monie  Read Replies (3) of 27968
 
Hi, I am one of the people waiting for the 10k.
I will not buy now at any price for what seems
to me a good reason. FAMH claims to have 4 million
and change in sales and about 1 million in income.
That's an impossible 25% profit margin. You all
should check out the average profit margin for this
industry. Unless FAMH is representing movie stars,
the accountant forgot to include a huge chunk of
expense. In my experience, betting against the house
is a bad experience. I conclude the TRUE EPS will be
a lot less than 6 cents for the last quarter earnings.
Show me the balance sheet, and I'll show you the money.

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