FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: HRAKA who wrote (6836)	3/17/1998 4:13:00 PM
From: Double Dipper	Read Replies (2) of 27968

Hoping for .49 or lower intraday tomorrow. Ready to fill-up up again on these dips. Looks like we will have about two weeks of continued speculation before any CONCRETE news is released that will drive the price up. Till then, a slow drift, hopefully baseing around .50 or better, while Management is working on the fuel systems to propel us over the 1.00 mark on the next run. Personally, I don't buy the PE multiple being speculated. The suggested healthy PE for an S&P 500 stock (according to Goldman Sachs Chief Investment Strategist Abbey Joseph Cowen) is 18. NASDAQ, in this market maybe 20. So my guess would be .26 x 20 = 5.20 but I would be extremely surprised if we got there before 1st and 2nd qtrs numbers were released. That Would make it July time frame. Not bad for 4 more months of waiting. Anything worth having is worth waiting for. Kevin

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