FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Jamessmith who wrote (16364)	5/9/1998 10:40:00 PM
From: Little Engine	Read Replies (1) of 27968

The "Undervalued Dog" still has no clue... <<<<Regarding FAMH, we collects information from those who are working for the company and made an estimation. We made a mistake in the previous follow-up for FAMH. FAMH has 50 M outstanding shares now, but we used 24 M shares (97' number) in our system. Thus, the book value should be about 0.46/share, including several acquisitions. >>>> "We collects information?" We be in trouble if we collects our stock picks from them. They say they used 24MM shares... why? The Dog's previous release said that FAMH had 50MM shares. Why didn't they use their own figure? Awfully shoddy. They restate the book value to .46/share "including several acquistions". Yet they said in their last FAMH pumping that they had not included the acquisitions in figuring the book value. Which is it? Okay, let's do the math.... 50MM shares times .46/share.... would mean that book value is based on assets of over $23 million! Even the fake balance sheet doesn't come close to claiming this. I suppose some idiot will now claim that Myriad added $15 million in assets to the balance sheet somehow. Sure, and the audit came out March 1. I've e-mailed the "Dog" asking who made up their "team of analysts" that cannot even count shares or calculate book value. They refused to say unless I sent them money. Be REAL careful when dealing with these anonymous goofs. Sounds like they have a bunch of shares they want to sell.

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