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

To: Buckeye who wrote (3051)	2/11/1998 2:01:00 PM
From: Little Engine	Read Replies (3) \| Respond to of 27968

I'm curious about why the investor's packet included financial numbers from 12/95 as comparison to the 6/97 numbers. Why not 12/96? Didn't they do an internal audit then? Talk about comparing apples and oranges... It's also interesting to see the cash deficit, long-term debt, and low net worth of the company at the end of 1995. It looks like a company that was losing money... and now we are to believe it makes more money than everyone else? Sure, Ira. It seems possible that the $2 million or so proceeds from the IPO were raised to pay off debts, perhaps even to keep the company from going under. Is this a good reason to go public?

To: Buckeye who wrote (3051)	2/11/1998 4:48:00 PM
From: Lurker	Read Replies (2) \| Respond to of 27968

<<.....Good post! I'm concerned that the combination of negative comments, and premature release dates given by FAMH are in fact affecting the stocks' price. >> There is only ONE reason the price of the stock is sliding: the lack of audited financials. With an EPS of .11 in audited financials, billions of negative people could post on this thread and the price would still go up. But then, you are probably right, it is these darn negative posts. This falling price is not in any way affected by the lack of audited financials, falling estimates of EPS by the management, the purchase of a shock-jock show by an employment agency. Like you, I have people come up to me every day. "Mike," they say, "I am tired of investing in companies that provide me with all the relevant information. It puts a burden on me to decide which are the good investments. Do you have information on any stocks that keep us in the dark and we can let the owners of the company tell us if we should invest in their companies?"