Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: lowell who wrote (2831)	2/5/1998 11:53:00 PM
From: skreiger	Respond to of 27968

Goodbye Lowell! Goodbye Andrew! Goodbye Richard! Thanks for your input and reporting. Sorry this one didn't work out for you. Regards, Scott

To: lowell who wrote (2831)	2/6/1998 1:53:00 AM
From: JIN CHUN	Read Replies (1) \| Respond to of 27968

Lowell, I respectfully disagree: <<Case in point, in the CC Ira said that FAMH had a 30 percent Gross Margin - everyone agree? Now read on page 5 of the Dun & Bradstreet report that FAMH included in the investor package. It clearly states in black & weight that "return on sales" is 30.5%. Return on Sales is 30.5%!!!!>> The CC was only a week or two ago. The D&B report was only printed on 11/7 using figures up to 6/30. In the CC, I believe Ira stated something to the effect of "average gross of around. . .". It is not completely accurate to compare his statements recently, since there has been at least one acquisition after 6/30 and the start of a financing division, well after the period used in the Business Scope report. <<Paid stock promotion is an investment that cannot bring in revenue and cannot effect the bottom line - >> This company has only been public for less than a year. Yes, I agree, that eventually the fundamentals will prove the price of the issue in the market. That said, I myself am not personally too turned off by all of the promotion that they engaged in. In the situation that the company is apparently in, promotion and wider recognition of the stock AND it's fundamentals( the awaited audit ) WILL have an affect on the company's ability to procure favorable financing conditions for more acquisitions. <<I hardly doubt that Morton Downey Jr's viewing audience is the "high end staffing placement" Ira has been speaking of. Personally, I hardly doubt that his fans know how to read let alone be classified as a high margin placement. >> There are other perspectives and motivations possible as to why this move was made. As was mentioned earlier, it could be for pure profit potential and not a move to diversify per se. By the way, I've seen his show before many times. I have a degree from Yale U. and can read in several languages. I'm a year away from a second degree in Computer Science: will I be a low margin placement? I hope not! :-). Jin.