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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Eamons who wrote (2521)2/3/1998 11:20:00 AM
From: CO  Read Replies (2) of 27968
 
Thanks Stu, Since you asked, I will let you know what I think.

It sounds like we may just see an .11 eps for 1997. The audited financials will be the proof.

I think that a stock price of $5.00 to $6.00 in a year, may not be too far off. If the company can get to even a .20 eps, which I can see happening with the growth and acquisitions planned, I think it could be attainable. Apparently there are some good deals out there. Myriad is one example of that.

In my opinion, there are far more investors that do not even read this thread than do read it. When an OTC-BB company releases Audited Financials showing any profit at all, I think it will draw a lot of attention.

Yesterday I tried to find just one BB-OTC company to analyze, that was showing a profit and is also a reporting company. I could not find one. I could not find even one that was not a reporting company that had audited financials that I could look at. Granted FAMH has not yet filed a SEC report, but they will.

The acquistion of Myriad not only adds sales and revenue to the company, but it also adds to what the existing offices can offer to their clients.

I had a chance to talk to several employees at one of the offices, and they were very excited about the Myriad acquistion. They felt it would allow them to offer much more to their clients. They also indicated that everyone was very excited about the growth and potential of Firamada.

They talked very highly of Ira Monas and Arif Adam. They indicated that the managment was very employee friendly.

Below is a good post by Terry, that mentions two key ways for a company to grow. I believe FAMH is implementing both.

Message 3324392

Cheryl
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