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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: skreiger who wrote (2786)2/5/1998 6:09:00 PM
From: Richard V Davis  Read Replies (2) of 27968
 
I must say that this press release is far far superior to previous releases.

I am a bit confused as to the justification for using company funds in this manner. Is this not a totally speculative expenditure of funds? Has FAMH the expertise required to succeed in this business?

Goodness folks I must say that I am very unhappy with this move. I think that it is probably time for me to leave this stock. I was hoping to have some audited financial data to chew on instead I got some has been shock television guy. Why? If I wished to invest in a company which produced has been talk show hosts I would do so. My money would be better spent in Las Vegas. I was hoping that Mr. Monas would actually expend company resources to grow the organic business. He seems interested in buying businesses rather then developing them. I guess the IT practice is a dead idea. FAMH is ignoring 90 percent of the staffing money to be earned on Wall Street. Not very smart in my opinion.

What ever happened to growing the staffing business? Not by buying television shows or bankrupt tax liened companies. Grow the damned staffing business.

So baring any sudden changes of heart I will be out of this stock tomorrow. Management appears to being doing their absolute best to bring unhappiness to us stockholders. I have been rational about this situation but no longer have any sort of confidence in Mr. Monas or his associates.

Good luck to all. I have very much enjoyed this thread; the people here by and large are interested in deriving factual information and reporting for the good of the community. I hope to run into some of you on other threads.

Good luck

Of course all of the above is my own personal opinion. Form your own opinion as to the issues discussed.

Rick
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