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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Freddie Forte who wrote (24453)9/30/1998 10:04:00 AM
From: Wink  Read Replies (1) of 27968
 
My last conversation with LE was about margins in this industry. It seems that 5% is very good and 10% is extraordinary with 2-3% being the norm.

If we assume 5% on $8.5M then we have $425,000 or about $0.02 per share. I'll go with this number or less! Note this is a far cry from the $0.1085 that I bought in on (nothing less than fraud IMO) and I'm too far leveraged to average down, even if I thought it was a good move (which I don't - yet)! ;>)
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