FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: JOEY who wrote (2443)	2/2/1998 4:24:00 PM
From: Lurker	Read Replies (2) of 27968

<<IF IT IS .06, WHAT IS THE PROPERLY VALUED SHARE PRICE?>> The value of the share price is what people are willing to pay for it. The is no magical multiple. People with big bucks will not want this stock. They will only invest with people they can trust. WDC, a disk drive maker, has a multiple of 5. This would be max for FAMH. Max. value for FAMH = 5 x .06 = .30. Of course, it could go lower. Anyone want to make any predictions? I would guess that the multiple will be 3. So, after financials we will probably have bid = .17, ask = .19, if the EPS is still as high as .06. Will this give you enough money for new sneakers?

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