FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Rob Miller who wrote (7451)	3/22/1998 11:43:00 AM
From: Mark[ox5]	Read Replies (1) of 27968

Yes Rob.. the shares are divided by 4 and in kind the price is increased by 4. As for realistic for $9.00 it depends on how much NASDAQ helps them. A $9.00 would be equivalant to $2.25 at todays prices. Todays earnings are .1085 for 1997 .1085 x 20 PE = $2.17 .1085 x 25 PE = $2.71 So that is why people think it is realistic to reach $2.25 (or $9.00 post merger) We still have no timetable for the merger and/or NASDAQ listing so its not going to be a 2-3 week thing.. but that is an idea. Mark

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