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

To: TokyoMex who wrote (1428)	1/15/1998 8:26:00 PM
From: skreiger	Read Replies (1) \| Respond to of 27968

Finally, something about this acquisition makes sense (if in fact, this information is true -- it certainly seems plausible). If so, I feel much better about what has transpired recently. IMO, FAMH really had no need (nor resources) to acquire a company advertised as a $60MM giant. So what if Myriad doesn't generate a huge profit margin -- at least it's profit! Now, FAMH can just continue to inch along, opening offices, competing in a market where growth is explosive. This is why I invested in FAMH -- not for the hype of some David & Goliath takeover. It's all in the bottom line and I'm betting it's tasty! Regards to all, Scott

To: TokyoMex who wrote (1428)	1/15/1998 8:55:00 PM
From: Little Engine	Respond to of 27968

Finally, someone believes my math that they could not be "highly profitable"... my next post, with a lot more math, will simply blow some of you away.

To: TokyoMex who wrote (1428)	1/15/1998 9:11:00 PM
From: Lurker	Respond to of 27968

<<By the way, where did the figure on 22 branch offices come from. They are not mentioned in the press release, and I can't imagine Ira passing up a chance to mention something like that?>> It was first mentioned on this thread in post #990.

To: TokyoMex who wrote (1428)	1/16/1998 11:01:00 AM
From: John Fairbanks	Read Replies (1) \| Respond to of 27968

Thanks for posting that EM Tokyo... (and thanks for writing it Jamie!) it basically concurs with my own research as well. The cool thing about Myriad is not so much the company itself, which I think is good, but rather the synergy that will exist between FAMH and Myriad. In other words, I believe there are a lot of clients FAMH already has that might want to take advantage of this kind of leased employee situation, and I'd bet there are several clients of Myriad who could use temp help. Ira seems to be moving is a great direction of providing a complete packaged solution for his clients, including temp help, perm placement, employee leasing, and even payroll financing. I think this combination will give FAMH a competitive edge. On the numbers... there has been way too many things thrown into the mix for me to be able to guess the final numbers that will be in the SEC filing. I do believe though from everything I've seen that there is a REALLY good chance that they will come out showing the company worth a whole lot more than .33. How much remains to be seen. -John