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

To: CO who wrote (2262)	1/30/1998 12:30:00 AM
From: lowell	Read Replies (1) \| Respond to of 27968

Cheryl: I caught the conference and thought Ira did a very good job. He is definately getting better at this! I also had a similar concern as L.E., however. I will try to go through this with rough numbers (my calculator just broke!). FAMH Competition (SOSS) Service Rev. 100% 100% -(Direct cost of Service) (70%) (78.1%) ________________________ ______ ___________ Gross Margin 30% 21.9% - (Selling, Gen., Admin Exp) (4%) (16.1%) _______________________ ______ __________ Profit Margin 26% 5.8% 26% profit margin was calculated by assuming .11 EPS, $8.5 mill in revenue, and 20 mill shares outstanding. Gross margin was given by Ira at 30%. 4% was calculated by subtracting 30-26. I checked several different companies and they all had around a 16% SG&A ratio. Assuming an approximate 4% SG&A that would translate into about $340,000 (4% of $8.5 mill) or about $56,000 per office (6 offices - including corporate). DISCLAIMER: These are ROUGH numbers. I am using pen & paper instead of my trusty calculator. I might be way off...I looking for some assistance! Regards, Lowell

To: CO who wrote (2262)	1/30/1998 12:35:00 AM
From: Little Engine	Read Replies (2) \| Respond to of 27968

Wow, Ira sent the damage control team out quickly. The "Bradphone" must be ringing off the hook. <<<<Little Engine, The gross and the net income are NOT the same. The gross income for the first 6 months of 1997 was $4,155,593.78. That does not look the same to me as $1,265,854.14. If it looks the same to you, I would suggest you go see any eye doctor.>>>> Well, Cheryl, if you trust Brad (Post #132), then it was Total Revenues, and not the gross income, adding up tos $4,155,593.78 for the first six months. (Now I suppose you will tell me not to trust Brad!!!). In addition, the investor packet also uses the number as net sales, while strangely not listing ANYTHING for gross profit. Who needs the eye doctor? I suppose you think your efforts to cloud the issue by avoiding analysis of the stock, and attacking me, will work. Good luck with it. If you can turn up any shred of proof that I work for a broker, market maker, etc., lets see it. Stop your childish whining already. I suppose, also, that you and Brad (and others to come, I am sure!)think you can BURY me, and my posts, with a sheer volume of criticism. I don't think the smarter people on this board will fall for that. Again, I would like to see how you would work these shady numbers. Show me how FAMH can make ten times as much money as nearly every other temp agency, whether they handle permanent placements 15 percent of the time or not. I've showed my hand. You show yours. I'm not going to answer every accusation that I am a broker, market maker, child molester, kidnapped the Lindbergh baby, etc. You just want me to deny them, in the hopes of discrediting me. You don't answer my substantive questions. I won't answer your ridiculous ones. I've offered you, and others on this board, a chance to come check me out. No takers yet. Not my fault. I analyzed the figures using Ira's own words.