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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Terry Lyon who wrote (23209)8/20/1998 12:10:00 PM
From: Lurker  Read Replies (1) of 27968
 
<<What about FAMH as a takeover candidate? Maybe Arif plans to sell out as he has
controlling shares. This could be good to shareholders. FAMH could be bought for
$50M at about $0.70 per share. This is still a very hot sector and one that might be
expected to continue in an economic down turn. >>

It wouldn't surprise me. It would be the perfect endgame. Since Arif owns 38+ million shares, he would get about $4 million at .10/share.

At 6% interest, he could live off just that $240,000/year (if he got a night watchman's job to supplement his income).

Lurker
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