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


To: Omnichrome who wrote (2105)1/28/1998 3:38:00 PM
From: Andrew H  Read Replies (2) | Respond to of 27968
 
>>People on this thread are getting emotional over half-truths, quotes out of context, mis-statements, wishful thinking, nay-saying, hyping, nit-picking,<<

True, but the source of this is the manner in which management is releasing information. They present only a very partial and selective picture in their releases and then, when called, release ambiguous additions.

Something else is very interesting. According to Brad's post, FAMH just bought Myriad for 2.5M shares plus 350K cash plus assumption of 1.8M in debt. that works out to roughly $2.8M. This is for a company that is expected to have 60M in sales in 1998 and earned an after tax profit of $1.8M in 1997. This seems just too good to be true.