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

To: Jonathan Lebed who wrote (1945)1/26/1998 6:02:00 PM
From: lowell  Read Replies (1) | Respond to of 27968
 
To all: I know there is a descrepancy between gross and net profit margins here. If you take the fact that FAMH earned 10 cents for 1997, however, you can work backwards to assume that they had net income of $2.8 million on $8 million in sales. This is a 35 percent NET MARGIN which means that their GROSS margin is much, much higher.

Any thoughts?

Thank you!!

Regards,
Lowell


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