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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: STEVE SAMEULS who wrote (24999)10/18/1998 8:00:00 PM
From: dave brown  Read Replies (1) of 27968
 
Steve,

Why do you think Myriad is going to be the savior for this company, it was losing money when FAMH got it. 50 million in revenues is not good if you have 51 million in expenses. Myriad was a dog, that's why no other reputable staffing company wanted it. You are right that 1998 financials mean more than 1997, IMO 1998 will be even more pathetic and also the final nail in your optimistic coffin. When you find out they are not close to breakeven the first 3 quarters this year, even you will wave the white flag.
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