FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Mackie who wrote (16814)	5/11/1998 3:57:00 PM
From: JIN CHUN	Read Replies (1) of 27968

FACT: This company has grown from 8.5MM in revenue in 1997 with an income of 2.2MM to an annual pace of over 80MM(without the finance division which from a previous PR made a net profit of .347MM in quarter 1, and the workman's comp division which is expected at a pretax net of 2 to 3MM, or the MD show which is gravy). FACT: The Myriad acquisition was sanctioned and approved by the IRS. Their sole motivation is the secure payment of past debt, which by the way, was negotiated down to half the original amount. FINANCIALS: The auditing company is found on the research post by Brad given on the header. They are fully sanctioned by the NASD. They are the ones who did the audit from which the press release on Friday was based. INVESTMENT/BROKERS: On a BB? There have been over 12 MM's on this stock at times. The market, if anything is liquid, except of course when you put in a buy order. PR: no defense, but an A+ in improvement overall. TECHNICAL FOLKS?: Don't know what you mean. The industry average PE is 40. Every industry average ratio or valuation puts FAMH as undervalued. It is only a matter of time before the full financials are online. Jin.

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