FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Brad who wrote (10192)	4/2/1998 4:21:00 PM
From: HRGuy	Read Replies (3) of 27968

Brad Help me on the Post Merger $0.36 EPS. From a 97 point of view maybe too high but projecting 98 this is what I got. Operating Profits Business Ops @ 12/31/97 $1.0M (I'm assuming 1/2 of last years profits are non recurring) Finance Division $1.0M New Offices $0.5M Myriad $3.0M (5% margin on $60M in revenues) Morton Downey $0.0M Total $5.5M Interest Expense $0.1M Pretax Profits $5.4M Taxes (20%) $1.1M After Tax Profits $4.3M divided by 12M = $0.36 EPS This seems conservative to me yet I get above the $0.36 EPS. Can you take an aggressive approach to calculating this EPS and see what it comes out. Just my $0.02 take it for what its worth do your own DD. CJ

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