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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: JOEY who wrote (25381)11/4/1998 3:18:00 PM
From: Nutty Buddy  Read Replies (1) of 27968
 
>>I believe Arif inherited the busness from his father.<<

This, as I have witnessed many times before, is an indicator of trouble. Never invest in a company handed down to relatives. It reminds me of the story of Best Products, once one of the nations largest catalog retailers with over $2 billion in revenues. When the board of directors voted then president Sydney Lewis's son, Andrew, as president, they may as well have chiseled the tomb stone. It took a few years, but the younger Lewis's crazed, high LBO leadership subsequently sent the company into two bankruptcies and then liquidation.

I bet Adam's father is very ashamed of his son.

I should have known.

Lived and failed to learn.

Buddy
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