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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Dick Lee who wrote (21169)6/25/1998 3:09:00 AM
From: Freddie Forte  Read Replies (1) of 27968
 
Dick....You said if Famh reports EPS of .1085 it will have no effect on the stock price. I disagree. This will lend tremendous credibility to this company and restore shareholder confidence in the direction of this company. A profitable BB stock is a rare find as Dave has stated tonight and if credibility of management's statements is restored, then, so will the stock price. Valuing stocks is a matter of perception. As LE pointed out, a BB can be profitable and the stock price can languish. A losing company sometimes command a higher price. Why? Perception. Arif has stated on numerous occasions that EPS will be better than .1085. If the present audit bears this out, Arif will be perceived as trustworthy and legitimate and worthy of our dollars. If the new audit tells a different story, then Arif will be perceived just like Ira and this entire management will never be trusted again. Q'1 earnings should be interesting. No Myriad yet, but, a whole bunch of new shares. If they show a profit for this quarter, I think we're on our way. If Arif retires some shares, more fuel. Any mention of a reverse at this point kills everything. If only these CC's would address our questions? What better way to build faith and trust. These veiled attempts at explaining the situation are not cutting it. Give us direct answers. Oh well, financials in August now. Famh's such a tease!
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