Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: lowell who wrote (1906)	1/26/1998 11:39:00 AM
From: JIN CHUN	Read Replies (1) \| Respond to of 27968

Lowell, I respectfully disagree. First, Firamada only has one office (Rolla, Missouri) that is involved in the same kind of manual labor placements as Manpower. These involve light duty industrial and factory work. I'm doind my DD now to answer your questions with greater detail, but I believe that comparing Manpower or Kelly staffing to some of the more specialized placements that FAMH is doing is apples and oranges. If you are right in your assumptions, then yes there is a problem. Personally, I don't think that Mr. Monas or Mr. Adams would be so foolish as to fudge the math like that. I believe that they have both had direct feedback from the audit and the numbers quoted by Ira in the conference call are close to what they will be when the audit is released. I'll get back to you on the industry comparisons when I finish. I personally believe that the D&B report is not accurate or specific enough and is too broadly evaluated in terms of industry comparisons, only because I believe I have seen other numbers from another source on industry averages and they were more in line with what FAMH has been telling us. Good Luck. Jin.

To: lowell who wrote (1906)	1/26/1998 12:31:00 PM
From: ThirdEye	Read Replies (2) \| Respond to of 27968

Lowell: Appreciate your perspective. Please differentiate between gross margin stated as 26-30% and industry averages. Don't your figures refer to net margins? What effect would this have on your valuation?