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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Warthog who wrote (20111)5/31/1998 1:49:00 PM
From: Little Engine  Read Replies (2) of 27968
 
Nice of you to post the old releases, and remind everyone of how much bad information they contain.

Stock promotion: Listed a "WBIG" in Chicago as one of the stations Ira would be appearing on. I live in Chicago. Rest assured that there is no such station here. WBIG is a station in Washington, DC.

Earnings for third quarter: Released Nov. 24, these were not forward "estimates" as you began the post with, but an announcement of past earnings by the company. They were not changed until I complained about their unbelievability...in January. Only took two months. No press release was issued to correct them, nor was any explanation ever issued.

Wescott financing: Deal fell apart. Nobody knows why.

Prediction of .09 EPS for 4th quarter: We all know there was no basis for such a prediction... except for hype, maybe? Fourth quarter traditionally slowest for staffing companies.

Tech Support acquisition: Never mentioned again.

Miami office: Said to be opening in November... as of April it had not been opened. Is it open yet?

Office in St. Louis: There is no office in St. Louis! The office is in Rolla, MO, a small town, not even close enough to be considered a suburb of St. Louis.

There are more problems with these releases, but these are a few of them.
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