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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: JIN CHUN who wrote (19287)5/27/1998 5:20:00 PM
From: Andrew H  Read Replies (1) of 27968
 
Jin, looked over the figures. Looks very nice. Only problem is that you are comparing FAMH to real listed companies with credibility.

FAMH can't even figure out how to release their 1997 earnings!!!!

How could ANYONE have any faith in their 1998 projections??? Let alone postulate a stock price based on those projections?

BTW--you should factor into your projections a TRIPLE in shares for 1998, since the shares outstanding HAVE MORE THAN TRIPLED in the last year. That would mean about 210MM shares by this time next year.

Now the stock is headed back into the teens. Might be a buy at .13 or so. Limited downside. But then I thought .30 was a bottom. One never knows.
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