FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Andrew H who wrote (3427)	2/17/1998 2:10:00 PM
From: John Fairbanks	Read Replies (1) of 27968

Sorry... I meant that it is impossible for you to state what the dilution would be since you don't have any idea when the line of credit would be invoked. Ira would be a fool to do it at these prices. Unless of course the impact on EPS would be favorable. Yes, the dilution is fact, but without knowing the EPS facts you can't tell if it is good or bad. If the dilution means that we get .15 EPS instead of .11 then they can dilute to their hearts content. My point is simply that you don't know, and not knowing you should examine all the possibilities rather than focusing on the gloomy one. If you go back through my posts you will find that I have not been overly optimistic. I have gone into this with both eyes open. I have been burned in the past and I know how to look both ways before I cross the street.

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