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

To: JIN CHUN who wrote (1160)	1/13/1998 2:38:00 PM
From: Little Engine	Respond to of 27968

Jin Chun, I'm getting my numbers from the fans of the stock on this board. I was a bit confused on the 60 percent figure... actually, that was the FAMH claim for return on assets (which I discussed earlier and still cannot believe). I was thinking of the 3rd quarter financials they released, in which they claim that they had revenues of 1.7 million, and earnings of 1.3 million. That is not a 60 percent profit margin --- it is a 74 percent profit margin. My apologies. In addition, re: the "Next Superstock" citation. The disclaimer says they accept a "consulting fee" for mentioning stocks. Is this the deal FAMH struck? And Brad, regarding your post to me... yes, I can add. I can also divide, however. If someone offered me the chance to work EIGHT TIMES as many hours in a week (say, going from 8 hours to 64 hours in a week), while only offering me only a 30 percent increase in total pay, I would say it was a bad deal. Have I put it in terms you can understand this time? I stand by my figure of 2.3 percent profit margin on the new earnings. I used the numbers you provided in the previous post, assuming FAMH's current financials are A) real and B) can be sustained. I'd love to see someone else use them and come up with different numbers. I'm glad someone found the promise to pay Myriad in cash and stock. Since FAMH doesn't have much cash lying around to pay off a large tax lien and buy a $60 million company (about $2 million, far as we know, having not seen any 4th quarter unaudited financials), I guess most of it will have to be stock. I also found it very interesting that they will "decide on a price" by Jan. 15th. This decision wouldn't be based on an FAMH plan to pump up the stock price to new highs before then... would it? Oh no. They are run by nice people. Ira wouldn't do that.