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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: Wayne R who wrote (134)	11/21/1997 8:25:00 AM
From: Brad	Read Replies (2) \| Respond to of 27968

Wayne R, You're right! I spoke with a company officer a few weeks ago when I got this financial report. He said they would have some additional expenses during the 3Q associated with new locations, etc., as you mentioned. He added that they expect the profit margin to be in the 24-30% range as they get into the new year. He said this is because of the type of business on which they are focused. It is the "high end" part of the placement business. I agree with you about the ratios. Particularly in the 3Q and possibly in the 4Q. I have noticed the industry average to be in the 19-25% range. The FAMH officer acknowleged that but said they expect to do better than that. It would be great if they can. Time will tell. :-) Best wishes, Brad