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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Andrew H who wrote (2202)1/29/1998 1:31:00 PM
From: FARRIS  Read Replies (1) of 27968
 
Andrew,
I will throw in here on your last comment about PEs for FAMH.
If they manage to earn .20/share from operations next year -- they should easily command a PE of 35-40. If they manage .40/share and showed any chance of continuing on anywhere near that clip -- a PE in the 70s could easily happen. A PE of 20 is what they will get out of legit .10/share earnings this year. (From operations, that is)
PEs on these companies, if found to be legitimate, are typically outrageous, particularly if they can move up to the Nasdag, even the junior version. This stock will rocket on audited financials, if all looks well, because, to be honest, I will bring 3x the money I have brought this far to the table. That would equal the volume of the past few days. I really hope it all pans out, but I am still not holding my breath. I really hope he gets those financials out on Monday --- I really do. I will watch money grow overnight or waste away to nothing.
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