To: Jonathan Lebed who wrote (2898 ) 2/7/1998 3:41:00 PM From: Little Engine Respond to of 27968
Here's some VERY INTERESTING comparisons for the staffing industry... Company/SYMBOL legend: REMX = Remedy Temp................. ASIS = ASI Solutions, Inc. ALRC = Alternative Resources..........DR = Coastal Physician Group CDI = CDI Corporation......................VOL = Volt Information Sciences HIR = Diversified Corporate Resources ESOL = Employee Solutions Sales per share for above companies based on trailing twelve months. Taken from Yahoo Finance. Some great stuff there. FAMH: numbers based on 23 million shares (average) for last year (now 28 million, per Ira) and Ira's claims regarding earnings per share (11 cents) and revenue figures. Note: Ira stated on the last CC that FAMH earnings for last year were all recurring, and not one-time, earnings. ....................Number of outstanding shares.............Sales per share REMX...........................9 million.....................................$39.85 ASIS..............................6.4 million....................................$4.71 ALRC............................16 million....................................$16.24 DR................................36 million....................................$18.65 CDI................................20 million....................................$73.94 VOL...............................15 million....................................$93.45 ESOL.............................31.6 million................................$25.02 HIR..................................2.6 million................................$17.33 FAMH...............................28 million.................................$0.37 (unaudited) But what about profits, you ask? Symbol..........Revenues...........Net Income..........Profit margin...... REMX...........$360 MM.............$10 MM....................2.8% ASIS...............$28 MM.............$1.7 MM...................6.9% ALRC..............$263 MM...........$14 MM....................5.3% DR.................$451 MM............<$119 MM>.............-27% CDI................$1.47 B..............$48 MM.....................3.2% VOL................$1.42 B.............$31 MM.....................2.8% ESOL.............$804 MM.............$4 MM......................0.5% HIR..................$32 MM.........$1.75 MM....................5.5% FAMH...............$8.5 MM............$2.5 MM....................30% (unaudited) FAMH earnings claims aren't just high -- they're unbelieveable. I found it interesting that FAMH has more shares outstanding than either CDI or VOL, both of which did over a BILLION dollars in revenue last year. And FAMH plans to add more, according to the deal with the mysterious "financial concern." Very "shareholder friendly," indeed. If you take the time to read the profiles of these companies, you will see they do the same kind of work as FAMH. In fact, Cheryl used some of them in her last staffing company comparison. Some of them even do a higher percentage of permanent staffing than FAMH -- I believe one of them had over half its yearly revenues from permanent placements. So, can any of the geniuses here lay off personal attacks long enough to look at the numbers... and tell me how Ira works such magic? I doubt it. L.E. P.S. to Dexx: "When ideas fail you, words come in handy". --- Goethe