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

To: Mark[ox5] who wrote (1059)	1/9/1998 7:40:00 PM
From: FARRIS	Respond to of 27968

Any PR firm taking on a .33 stock is bound to be a little fishy. World Vision has a bad reputation. I would bet this one is not a darling of the small investor either. I am sure Morton Downey will help the stock price -- but at what cost? Let the company speak for itself -- eventually people will notice. They always do. This is a great industry to be in. I would like to know how the new PR is being compensated -- do not think I have seen that one posted yet.

To: Mark[ox5] who wrote (1059)	1/9/1998 8:49:00 PM
From: Little Engine	Read Replies (2) \| Respond to of 27968

RE: The Investor Packet I think the investor packet issue represents how I feel about this company lately. If someone can't put together an investor packet and ads without stretching the truth severely, it makes me wonder about the financials. I still trust the financials, for some reason, though you will all be shocked to hear that some companies play fast and loose with them. I almost invested in a certain stock only to hear that it counted its account receivables as income. Does FAMH do stuff like this? Does anyone know for sure? Somehow, with their tendency to hype, I doubt the financials are figured using the most conservative accounting practices. Small companies can and do reveal financials during the "letter of intent" phase, as I noted in Post #946. The reason I harp on the acquisition is this: I had a good idea of the type of company I was investing in, and its financial position when I did. Now, assuming this acquisition goes through, I have no idea what sort of company I own. Absolutely none. Obviously, the Myriad supermajority of FAMH will determine its future. Growing FAMH earnings? It depends on how much Myriad is losing right now - and yes, it is more likely losing a lot of money than making a lot of money. Wouldn't closing unprofitable Myriad branches and changing the type of placement business in the others cost an awful lot of money (while reducing revenues)? Doesn't anyone wonder, although it's apparently forbidden to ask? Regarding the conference calls... somehow, Ira answering questions that he came up with, asked by someone he is paying, strikes me as less than enlightening. Although he does let some (who knows how many) carefully screened questions from brokers get through. No need to have 70 brokers clamoring... I'd love to see a conference call with just two brokers asking unscripted questions. Or from someone like Farris, given his stock position and critical eye. And the new PR company says Feb. 1 financials may be delayed... par for the course. Four dollars? I'd be happy if it got to 50 cents.