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Microcap & Penny Stocks : FIRAMADA (FAMH) - New 2-19-1998 - RESEARCH Posts ONLY!
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To: Little Engine who wrote (9)2/24/1998 11:35:00 PM
From: JIN CHUN  Read Replies (1) of 65
 
LE, I will! But not now. No, this isn't a cop out. I've been out since 8 am and just got in. The problem with finding companies to compare with Firamada, aside from the differences in business models/focuses, is the stage in their development as a company. The reason being is that although FAMH went public after being a private company, they expanded offices at the same time they went public. So, it is difficult to compare.

Also, many of the companies that you cited, although they are listed as temp staffing companies, franchise offices in which the corporate office handles the administrative duties of the franchise offices. It's kind of like McDonalds making money off of the burger wrappers. Only in this case, it is in essence, the corporate office leasing the franchise office's temp staffing. A second tier Employee lease if you will. I will do my research and post it here when completed.

ps. Not too unhappy about the news, not thrilled, but not too unhappy.
Jin.
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