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

To: OpenSea who wrote (2946)	2/9/1998 8:29:00 AM
From: Little Engine	Respond to of 27968

Jim, I'm not closed off to anything. If someone can show me different facts, numbers, or trends in this industry... I'd like to see them. The numbers FAMH claims, however, defy common sense. As I noted in the last post, SOLP concentrated more in permanent placement (50 percent of revenues) than FAMH did (30 percent). Despite this, SOLP had an audited net profit of under 7 percent. If the permanent-to-temp placement ratio is what guides earnings, FAMH should be (at best) in the 7 percent range as well for last year, one would think. Especially if you look at dozens of staffing companies online and find their ratios all in the same neighborhood, whether they do "high-end placement" of IT professionals, nurses, or anyone else. While some people are confident in their assumption FAMH made 30 percent margins last year, I am STILL looking for a similar company that did as high as 10 percent. If anyone else has found such a company, please let me know its stock symbol. I think it's going to be an awful long search. L.E.