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

To: CO who wrote (374)	12/9/1997 7:57:00 PM
From: Richard V Davis	Read Replies (2) \| Respond to of 27968

I must throw my own input into this issue. As I've stated before I work on Wall Street. I make extensive use of placement firms both for temp and permamanent staffing reuirements. If FAMH specializes in IT staffing it is quite easy to make the sort of profit percentage Cheryl indicates. My department alone has something like 300 open IT jobs with an average rate in the high 80's. My company pays a very low fee to staffing recruiters; 20% of one year's salary after the employee has worked 90 days. Do the math: 300 ope reqs times 80 thousand times 20%. And we are just one of many many firms dying for staff. On contract or consulting work the placement firm gets anywhere from 15 to 40 percent of the hourly rate. Hourly rates are from 70 to 180 dollars. We currently employ 24,000 contract employees worldwide. Lots of cash flow and a tremendous profit percentage in this business. Rick

To: CO who wrote (374)	12/9/1997 8:17:00 PM
From: YOYO	Read Replies (2) \| Respond to of 27968

Cheryl: FAMH should reward you for your work! You spend alot of time helping folks understand the basics of this and other stocks. You must have been a teacher in a past life. Can you believe how many passes the broncos dropped last Sunday? Elway was really hot..too bad the receivers weren't. Nutek, Inc, BB NUTK, is the only DD I have posted. NO earnings yet, but worth watching. Jimbo also has some of this one, I think. The 504 on FaMH answered my biggest question, like why such a low price. Lets hope the Broncos do not go to sleep these last few games like they did last year. YOYO