FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Sam who wrote (6108)	3/13/1998 3:52:00 AM
From: Sam	Read Replies (1) of 27968

OK, we should have enough information to guess who is the target. By digging through my notes, this is what I have : 1/ target is a holding company not in our industry (as per Reuters report) 2/ no debt (as per CC) 3/ may be around P = $2-3 (delisting factors + 1/4 ratio, as per CC) 4/ may be in Minneapolis (hinted during the CC) 5/ EPS=0 (as per CC) 6/ Small number of shares outstanding (as per CC) 7/ close to being delisted from Nasdaq (as per CC) 8/ Sales around $20m (by deduction, ira said post-merger cy would be a 100m co, and ira's last projection I had noted were $80-$90m (last week), and PR of Feb 24 mention $75-$80mm) Tell me if I made an error. I am sure somebody here has studied a company with a similar profile....

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