FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: JOEY who wrote (5467)	3/8/1998 5:40:00 PM
From: Brad	Read Replies (3) of 27968

JAKE! I know what you mean. I have been researching FAMH for over 6 months. The more I learn, the more I like it. From what I see, the average multiple for many staffing companies looks like it is around 30 - 35 times earnings. Message 3610395 FAMH has audited earnings for 1997 of 10.85› 10.85› x 32.5 = $3.53 per share While I think it could move up to the $3.50 - $4 by about June, I think we should see the share price move up to the $1.75 - $2.25 range much sooner just based on 1997 earnings. Once FAMH gets a couple of 10-Q reports solidifying their 1998 projections of 25› to 30› EPS, I think we could see the share price move substantially higher into the $4 - $6 range by September - October. By the end of the year, well... FAMH projects 25-30› EPS for 1998. 25› x 32.5 = $8.12 per share 30› x 32.5 = $10.40 per share Time will tell. I think FAMH could justify an even higher-than-average multiple in the next 9-18 months based on their rapid growth (provided profitability remains strong, obviously). Just my opinions as an individual investor. Please do your own research before investing. Best wishes, Brad

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