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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Omnichrome who wrote (7681)3/23/1998 5:11:00 PM
From: Buster  Read Replies (1) of 27968
 
Omni,

I get it now.

Fahm is using their weighted average 1997 shares to figure the .36
eps earnings for the combined company.

20mil shares; 2.2mil net
2.2/20 = .11 aprox. eps

merger 1997

20mil shares/4 = 5mil

weighted avg. merger company approx 1mil?

5mil + 1mil = 6mil weighted avg.

2.2mil/6mil shares = .36 approx.

Am I warm?

Buster
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