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

To: art who wrote (2311)	1/30/1998 2:04:00 PM
From: Emec	Read Replies (3) \| Respond to of 27968

I find it hard to believe that paine Weber, Dean Witter, etc. would be calling about this stock. Makes me wonder.

To: art who wrote (2311)	1/30/1998 2:11:00 PM
From: JIN CHUN	Respond to of 27968

A few thoughts on the PR firm. Firamada being a BB stock, I do not think that you can expect the same level of PR as a bigger company. Personally, I do think that there are alot of things to be desired considering how hungry everyone is for as much information as we can get. Alot should be cleared up once the audit is released. Given that, I personally believe that even with an eps of 1/4 of what was stated in the conference call, that FAMH is still undervalued at current prices. I am personally excited about the future for this company, and am comfortable with the management. When I talked to Jennifer Hedberg yesterday I asked her for info on Ira Monas' background. I don't think anyone has mentioned any specifics yet, and if anyone has info it would be much appreciated. At the very least, Mr. Monas seems knowledgable enough about income and expenses and the ways that certain figures such as eps are calculated. Once again, I am compelled to remind some that Firamada has only 6 offices in operation at this moment. Comparing bigger companies, as far as overhead is concerned, with FAMH could not lead to an accurate analysis IMO. Jin.

To: art who wrote (2311)	1/30/1998 2:14:00 PM
From: Andrew H	Read Replies (3) \| Respond to of 27968

Art, Cheryl, Brad, Jim, Jin, and everybody else: Just spoke to Jennifer who told me Art just called. Then I called the main office and explained that several of us on the board had questions. Ira was gone, and his secretary could answer none of the questions, but she said I could call Monday and I will speak to him then. I explained to his secretary I represented the SI online discussion group and we controlled a large number of shares and would be very interested in buying a good bit more if we could get solid answers to our questions. His secretary said we could fax questions to her and she would be talking to him today, so we could get an answer today as well. Actually it is now getting late in the day, so my guess is we will not receive an answer today if we do fax. Furthermore, I would rather speak to him person to person. So I will definitely follow up and call on Monday. Anyway, here are my questions and if others have more, perhaps I will add them when I call on Monday. I would like to keep the list short, relevant and to the point. Jennifer said that it is possible Ira monitors the board, so watch what you say (:>) I am proceeding on the premise that Ira and the company are absolutely legitimate and above board and the questions will be asked in that spirit. Comments? 1. Yesterday on the conference call you said the audited financials would show an eps of about .11/share/. Can you confirm that this is NET profit after all expenses and taxes have been deducted? 2. In the call you stated that revenues for the year were 8+MM. .11/ share would mean a net profit margin of roughly 25% on total revenues. How is it possible that you have such a high profit margin that exceeds all others in the industry? 3.In the call you stated that the company plans to borrow about 12MM from its new line of credit in the next year and that these will be paid for by a drawdown on shares. At current prices this would mean another 40MM shares would need to be issued. Are you entertaining the possibility of such a dilution? And do you entertain the possibility that this could necessitate a reverse split to qualify for a Nasdaq listing?