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

To: FARRIS who wrote (1025)	1/9/1998 5:18:00 PM
From: John Fairbanks	Read Replies (1) \| Respond to of 27968

I was the one who visited the Houston office and I will be visiting again some time soon when I get a chance... it's been about 6 weeks and I'd like to see how they are doing. As for Q3 numbers, keep in mind that FAMH has been putting together financials for 6 month periods rather than quarters and that might be why they can give us a Jan-Jun financial statement and not a 3rd qtr statement. I suspect that unless they can't do it this way, they will probably give us a six month statement in the 10K that includes 3rd and 4th, and then start reporting quarterly. That also might explain why Ira didn't have hard numbers in front of him for Q3 when Cary talked to him. Just speculation...

To: FARRIS who wrote (1025)	1/9/1998 5:23:00 PM
From: Sojourner Smith	Read Replies (1) \| Respond to of 27968

Some comments for today. This experience reminds me of what I went through with other companies like CSMA. There is definitely a pattern with these threads that I have unwittingly contributed to. Stages - not always in the following order 1. People post hopes and potential for the new stock picked out. 2. Stock performs well, people are happy for awhile. 3. Stock doesn't perform well. a. people start worrying when will the latest PR be out b. people start worrying when will the financials be done. c. people ask "why don't they promote the stock more" d. people start fighting - defenders and critics. e. people get nervous and stock falls more f. people blame MMs, etc and ask everyone not to sell and call in certs. New people please keep this in mind with OTC BBs: If you are long term Research the company the best you can However, with BBs things can change quickly and it may be impossible to really tell how good the company is. Also look at trading log and history of volume and price. Buy when it is still cheap enough. Write down medium case and worse case scenerios. Try to pick prices in the between medium and the bottom Don't buy after a runup. If the stock falls average down only if you still believe in the company. Diversify: Pick maybe 5 that have your highest confidence level. With that list, maybe 3 might pay off. Try to avoid big loses: if the stock goes below your worst case then wait for some recovery and get out. Hopefully if you follow the advice above you will avoid big losses. Maybe the following could work out as an example: pick 1 100% pick 2 50% pick 3 200% pick 4 -50% pick 5 -20% total 180% pretty darn good and achieveable Might also take profits at different stages. I believe if people followed the above advice they wouldn't worry so much and drive stocks down. I have in my mind what a good range for FAMH is. I feel that they have good shot of achieving their goals. The time frame may be longer that what some may have expected. I know there are some who are buying this on weakness and selling it when runs up. That can really drive long term holders crazy, so it is important if you are easily driven crazy be sure to buy cheap. If you don't like long term, then try another approach. I am saying all this because I hate to see us get in the typical cycle. However the issues brought up by Little Engine are valid and need to be worked on. But let's not shoot ourselves in the pocketbook. Thanks.