FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Little Engine who wrote (10089)	4/1/1998 8:53:00 PM
From: skreiger	Read Replies (2) of 27968

<<The accepted way to calculate P/E's is to divide earnings by number of shares. More specifically, to divide most recent earnings by current number of shares outstanding.>> Huh? I thought that's how one calculated EPS (earnings per share)...divide earnings by number of shares. Please tell me EPS and P/E ratio are not the same thing! I guess you are trying (again!) to make an issue about the number of shares outstanding and how that number figures into the calculation. Weighted averaging is the accepted method for calculating EPS for a company which issues or buys back shares during the most recent four quarters. As we all know, Firamada issued approximately 20MM additional shares during 1997, increasing the total outstanding from 20MM to approximately 40MM. No one denies that. But because this didn't take place on January 1, 1997, the weighted average number of outstanding shares is the number used in the calculation. Again, this is the accepted procedure. I assume you know all this. So, the age-old question remains: why do you continue to try to deceive? If Firamada is planning on ripping off hundreds of people who have invested in good faith, they will get what's coming to them. Your presence (and continued blathering) does not affect the decisions of these people one iota. What you have done the past several months does not demonstrate the actions of a healthy mind. Unless you are driven by a thirst for vengeance or the lure of easy money, there is no reasonable explanation. And since you have never felt compelled to offer a reasonable explanation, we are left to scratch our heads and wonder. But we still remain. Good luck to all! Scott

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