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

To: Mark[ox5] who wrote (2352)	1/30/1998 8:26:00 PM
From: Jonathan Lebed	Respond to of 27968

Wait a second! Ira said this, not me!!! Besides, the AMEX listing is $3 and I don't suspect it will take that long. But I do agree, when we hit $2 or so...people will want to take profits (including myself) and a run up to $3 or $4 will in that case not be a big deal. If you went back to when FAMH came public...the company was "always" trading on the current years eps estimates X 3. Example:In September they expected to make $0.06 for 1997...trading was at $0.18. But now they expect to make $0.10 for 1997...trading is at $0.30. So for 1998...early estimates by myself are around $0.50. So after the financials are out...I think we will quickly reach $1.50 and stay at that price for a while. To get up to listing price will take unexpected news. May Ira know something big we don't? The bottom line is that there will not be a reverse split so Ira hopefully is saving something big. JLebed