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


To: VBH who wrote (3028)2/10/1998 11:49:00 PM
From: JOEY  Read Replies (3) | Respond to of 27968
 
Yes three

1. Myriad
2. NY small company*
3. CA small company*

* not finalized

All three were "fire sales". Acquisitions is the key to growth in the 90's and IRA is taking advantage of each opportunity as it comes. I am also betting that he realizes the importance of IT and will be/ is going after that market as well. I like his approach to growth. It kind of reminds me of my younger days when I played monopoly. I did not always go after Park Place and Boardwalk but bought up the cheaper properties while generating a constant cash flow. If I was able to pay my bills long enough I was able to build an impressive portfolio. I only had to worry about landing on a few properties, they were always in danger of landing on my little ones. All of a sudden the little ones began to take its toll and the big guys began to notice me. They went from oh heres your $10 to oh heres your $15 to here take your $50 then **@#! heres your $200. As a player was going out, I would take their income producing property at a firesale price. Sometimes it would come down to a few players and one person might not actually be the only one left, but you can have more than one winner at this game.

This, I feel is what IRA is doing. He is playing Monopoly in the staffing business. I feel he has the potential to become a winner and thats what I am betting on. Long on FAMH ( I always chose the car)

Just wondering if you guys think I am nuts? Actually I am very successful at this game and pick my stocks based primarily on the owners philosophy's. That is more important than whether or not financials are here yet. They will be here and will show both growth and profits. Not bad for a .28 stock.