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

To: CO who wrote (240)	11/30/1997 7:52:00 PM
From: Kenneth V. McNutt	Respond to of 27968

Check out the WRS(Winston Resources) a co. similar to Famh. up in the north-east. EPS 0.43 selling for 5.80 , p/e 13. Other info an that thread also. FAMH looks interesting, but why is a company with all those things going for it selling so cheap? Need further investigation. Luck K

To: CO who wrote (240)	11/30/1997 9:28:00 PM
From: Mark[ox5]	Respond to of 27968

Hello everyone, just spent the past hour or so reading through most of the thread. I'll be putting some money in on Monday, and just wanted to say happy to get in on the "ground floor". Also, thanks for John, Cheryl, etc for doing such good work & actually visiting the offices, etc. BB Stocks are not my style, but this looks like its definately worth a twirl. This definately should be a $3 stock in a few months and with its aquisitions and profit margins, really nice things ahead. My main concern is usually when there is a big difference between the actual price and what a stock "should be worth" (i.e. 30 cents vs. $3) there is usually a good reason. So far the only one there seems to be is that FAMH is undiscovered. I hope thats the case! P.S. The past few posts have talked about having a hard time finding quality workers.. the biggest threat to our low inflation is labor wage inflation. Scarcity of workers = gradual increase in wages. That is Greenspan's biggest domestic worry at this time. But that is in fact good for this type of company. It will only push up wages companies will have to pay for workers, and therefore more profit for FAMH. So basically the idea Im putting forth is yes, higher quality workers will be harder to find, but in a backwards way that is almost a good thing because companies that will contract out to hire will be willing to pay more and more. Just food for thought. Good luck and maybe the "charter" members of the FAMH fan club can meet up in a resort somewhere in the Caribbean with all our profits in 2 years & chuckle over sayings such as "Hey, remember when FAMH was below .40?? Can you believe that?" Hah! Mark

To: CO who wrote (240)	12/1/1997 10:58:00 AM
From: John Fairbanks	Respond to of 27968

That's right... the Houston office said that they needed to build the temp business first but that the real gravy is in the perm placement, especially the executive searches. My bosses wife works for a large placement firm in town and they get 25% of the annual salary to do a placement. In my industry, that runs 50-75K/year. For executives, obviously that is much more. I think I was told that executives bring a higher percentage as well, but I'll check on it. And all that with no real overhead ;-) Anyway, I'll check in with the Houston office every month and update everyone on their progress. I agree that it is critical to verify the Fidelity info... of course there is a certain amount of paranoia that sets in as I wonder if my notes are accurate ;-) If we can verify that, then we can take a fair amount of comfort that a true market professional has researched this company and set a target price by January of $1.50. Fidelity does grant their name though to people who pay for it... I know one guy who pays 1.5 of the 3% he charges for running his fund straight to Fidelity in return for being able to list himself as a Fidelity fund.