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


To: Doug Hunter who wrote (2984)2/10/1998 11:51:00 AM
From: JOEY  Read Replies (3) | Respond to of 27968
 
Can someone please post the FAX # for FAMH

P.S Is cheryl still here?



To: Doug Hunter who wrote (2984)2/10/1998 12:30:00 PM
From: Mark[ox5]  Respond to of 27968
 
Jake & Doug:

Another point to consider: If people had faith in what Ira was saying they could wait 2..3...4 months as long as they were SURE this .11 was kosher. But with the past history of this co. no one is sure how they even will reach $0.11.

0.11 x 15 PE = $1.65
0.11 x 20 PE = $2.20

If I am Joe Blow on the street and I am SURE the .11 is kosher and will make sense Id be happy to sink my .30 (wait.. .29..wait..28... wait..27)/ share as long as I knew audited financials would be out say in 3 months. That would give me an enormous return.. and Id be happy to wait 3 or 4 or 5 months for it. The problem is reliablity with this co.

That is why the fact that the price doesnt budge even AFTER Ira guaranteed .11 is VERY worrisome IN MY OPINION. Investors dont trust the Presidents word.

Trying to be neutral but realistic,
Mark