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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: BIGFRED who wrote (19073)5/24/1998 2:25:00 AM
From: Wink  Read Replies (1) of 27968
 
Your math is fine BIGFRED, its just that we have heard this before. I am a believer in FAMH and feel that it is a +$1 stock on 1997 earnings.

If you assume 30-40 cents the first Q post split, then we have 3-4 cents pre split. This amounts to $2.1-$2.8 million in eps or $3.5-$4.7 million before taxes. Assuming a 14% profit margin gives us sales of $25-$33 million for the first Q. Seems a little high at least for Q1. Maybe later in the year. LONG FAMH (I'll give it a year or maybe a week if financials don't show up.) ;>)
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