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


To: Richard V Davis who wrote (376)12/9/1997 8:31:00 PM
From: HG  Respond to of 27968
 
Cheryl, Richard

Thanks! You have answered my questions.

Regards,

HG



To: Richard V Davis who wrote (376)12/9/1997 9:09:00 PM
From: Mark[ox5]  Read Replies (2) | Respond to of 27968
 
Rick, I agree with all your points. Its a great business, with little overhead and what a demand for their "product", especially with the labor market we have now. Its been a great year for temp firms, look at RHI for example.

Rick, not to get personal but do you own any FAMH yet? Or waiting so far?

I heard a report on the BB: OTC stocks on CNBC too, and from my understanding if approved Thursday the drop will be of all non reporting co's (including FAMH) and it sounded like pretty darn soon. Perhaps we are understating the impact? They said all these non reporting stocks will have to move to the "pink sheets" exchange. So from the way I understood, until FAMH becomes reporting it is going to that exchange for now which could hurt. Granted, FAMH is moving towards becoming a reporting co. but that could be 1 month at the earliest and if this action for NASDAQ is rapid, we could be in limbo for a while. Any thoughts?

Personally, I dont care about this week or next or the one after because Im going to be buying and holding this puppy for a while, but from reading the board it sounds like everyone assumes the NASDAQ action will take a while to take affect and by that time FAMH will be reporting. But we dont have confirmation of any dates for either action...

Devils Advocate in light of unbridled optimism, (but still long!)
Mark