Ira Monas is calling you out into the street!
With both guns blazing, he thundered, "Tell them to put up, or shut up! I will personally buy every share you want to sell, at your cost plus one half cent. Just fax me." I asked, "May I quote you on that; and he said, "You may".
At about 9:45 this morning, in a brief conversation with a frustrated corporate president, Mr. Monas confirmed that the Earnings Per Share, quoted in last Thursday's Conference Call, are correct, and are NET AFTER TAXES. He further stated, "I do not have the audited financials yet, but the .11-.115 is very close".
Ira is serious; he is trying, and it is my personal opinion that he receives so many calls, and requests for information, that it is possible there are miscommunications in both directions. It is best to request and receive information in writing, not over the phone.
At about 10:45 this morning, Mr. David Bukzin, CPA, Marcom & Kliegman, (the Firamada Auditors), returned my call, and he said that earnings per share are calculated after taxes.
I believe Ira, and I'm long on FAMH! |
