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To: Ga Bard who wrote (2763)11/25/1997 10:00:00 AM
From: Jamessmith  Read Replies (1) | Respond to of 8835
 
Go Bard, I remember when FAMH was mentioned in this thread 2-3 weeks ago, it was trading about $0.18-20/share. Currently, it was trading about $0.39 to $0.46/share. But looking at the fundamentals of FAMH with a back from an investment bank, as well as a Market Maker (FAMH market value is about $9 MM: 20 MM shares x $0.45/share), floating stock value is about $3.0 MM: 7 MM shares x $0.45/share), FAMH does have a lot of potentials from both fundamentals and trading value. Which investment bank can not handle $3.0 MM?

No question that any stocks will be ups and downs, but carefully look at FAMH, it may go up for good!

James



To: Ga Bard who wrote (2763)11/25/1997 12:15:00 PM
From: skreiger  Respond to of 8835
 
Ga Bard, I'm new to the thread and have only watched FAMH for a brief period. I almost bought at $.20 but held off because I wanted to do some additional DD. A question I have is: Are the earnings FAMH show a result of a lucrative business operation OR are they a result of a debt-for-equity stock transaction (a PP, for instance) OR possibly a combination of both?

Any information would be appreciated!



To: Ga Bard who wrote (2763)11/25/1997 2:00:00 PM
From: Beverley Davies  Read Replies (1) | Respond to of 8835
 
Off Topic -- CNBS News FYI CNBS just announced news about a major investigation conducted jointly by the SEC, FBI, NASDR, NASDAQ and NYPD (perhaps others) that resulted in 19 arrests that included members of the Genovesce family (and members of another mob family), market maker Meyers Pollack Robbins, Inc., and executives of Health Tech, Intl (a NASDAQ small cap stock). Since early this year, this stock had been subjected to gross pump-and-dump tactics by those arrested.

Beverley



To: Ga Bard who wrote (2763)11/25/1997 5:05:00 PM
From: Paul Davis  Respond to of 8835
 
<OFF TOPIC>
Howdy,
Sort of new to the thread, been around just don't have much to say. Anyway I came across an article today in December's issue of Individual Investor on page 130, I thought would be of interest to you. Its titled "Trimming Trading Cost". The subject line explains in detail how the Market Makers make there money on the Nasdaq, playing the spread and screwing the investor most of the time. You were the first one I thought about since I am always watching you explain it to everyone on here. I thought that you might want to take a look at it. Have a GREAT DAY!

ALOHA,
Paul & Tribe!