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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: walleye who wrote (14670)5/2/1998 10:57:00 AM
From: Warthog  Read Replies (1) of 27968
 
FAMH - EPS

My initial thoughts are WORSE case. Shares are increasing
about 1,000,000 per week. So at the end of the year there
might be 100,000,000 shares of FAMH. It look likes the net
profits for 1998 will be about 10,000,000. Therefore the
worse case EPS for 1998 will be 10 cents a share. Based on
a PE of 10 to 15 that gives a share price of 1.00 to 1.50.
That is 2 to 3 times the current price. That is not a bad
return in my opinion.

Of course, there is a higher potential but I shall not express
that.

MOO
collin
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