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Microcap & Penny Stocks : FIRAMADA (FAMH) - New 2-19-1998 - RESEARCH Posts ONLY!

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To: Jonathan Lebed who wrote (10)2/24/1998 9:15:00 PM
From: Little Engine  Read Replies (1) of 65
 
<<<Research Shows.....

If FAMH was like TPMI...and had a PM of 2% and a PE of 15. FAMH would still have a value of $0.60.

LE, is it hard for you to simply realize...FAMH is one of the leaders in the industry?!?>>>

Jonathan, using your "research" numbers.... 2% profit on $8.5 MM last year equals $170,000.

$170,000 divided by 20 million shares for last year (being very generous here, we all know it was more) equals .0085 cents per share.

.0085 cents per share times 15 P/E= about a .13 stock price.

Wow, looks overvalued all of a sudden.... I wonder what happens when you double the shares for this year?

L.E.
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