FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: CO who wrote (509)	12/23/1997 6:33:00 PM
From: Tim K	Read Replies (1) of 27968

Cheryl - Thanks for your usual informative response. Yesterday I placed an order for 21,000 shares but it had to be split to be filled. For a stock trading a half a million per day this was a surprise. The company does have a lot going for it with new offices, and promotional activities planned. I'm still concerned about how the EPS numbers for the company in this industry can be as high as they say vs. sales. But this is a high growth industry where most listed competitors have a P/E multiple over 30, and they are targeting the more profitable niches. With the way are growing the downside risk is reduced, but the upside potential is encouraging. We should not expect the auditied financials until mid February. This is the year end audit for a company which has never published one and I think it will take a while. I wonder what approach to getting listed the company will take with the new structures???? Good luck to all!! Tim

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