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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Double Dipper who wrote (12378)4/16/1998 8:45:00 PM
From: John Fairbanks  Read Replies (2) of 27968
 
Actually even without Myriad we had .1085 EPS on 20MM shares. Therefore
at 47MM, we have roughly an EPS of .0462 which means that we currently
are trading, with FAMH only, at a PE of 11.47... still plenty of room
for growth in the stock price. Add to that the fact that Ira said the
existing business units are growing at a rate of 20%, add in the new
divisions that were never even factored in like the workman's comp,
or the fledgling divisons like the payroll financing, the Houston
office, and the IT placements (not to mention Mort Buddy) and you still
have a company that IMO can easily support the stock price.

However, I clearly heard Ira say that Myriad had already signed the
papers and it was just a matter of getting them in the office and
putting out a PR, so basically this is hypothetical -- but as someone
who bought this stock long before anyone ever heard of either Myriad
or ATXI, I think it's appropriate to remind us of the basic foundation
that it is all built on... one incredible company called Firamada.

Here's hoping for a release tomorrow though! ;-)
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