FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: cheehen ching who wrote (21167)	6/24/1998 7:20:00 PM
From: Dick Lee	Read Replies (2) of 27968

Cheehen. Nobody knows, the company has not made a statement when the audit will be concluded. What we do know is: 1. The latest audit of Firamada's books commenced June 1. 2. When completed, the findings will be announced by the company at the same time the information is filed with the SEC. 3. We do not know what information will be announced (conjecture is that it will be the 1997 income statement and balance sheet, some have suggested it will also include 1Q 1998 results). Unfortunately these results will be for a Firamada that has little in common with the Firamada of today (the Myriad acquisition was in April). While this is only my opinion, EPS of 10.85› or better for 1997 will have little impact on the stock's price, while a lower number will precipitate more selling and a lower stock price. Reason: we are now six months into 1998. The real question is, "How is the company performing now?" LTBFV, Dick

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