Priscilla, I agree with Cheryl's response to you. In addition, I would like to say that regardless of what Firamada will post in an audited form for their '97 revenue, the Myriad acquisition alone is likely to add around .06/share. In addition, the post you cite compares Firamada to the likes of Manpower and Kelly services, both of which, in addition to having alot of overhead (FAMH had only 5 offices for most of '97 I believe), focus on the lower end of staffing, ie light industrial, factory and assembly type work. From the last conference call, Ira specifically said that the eps figures were re-occuring.
----I personally do not know what the numbers will tell, although I am comfortable with my own investment, I cannot speak for others. IMO, if they show any profitability at all, in conjunction with the revenue from Myriad(mostly long term contracts), they are still undervalued. My own feeling is that on Tuesday they will announce the finalization of the acquisition of Tech Support in California, along with preliminary financial figures which will explain the numbers more clearly. Again, this is my own guess. Jin. |
