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


To: Tom Latham who wrote (3163)2/13/1998 8:44:00 AM
From: HG  Read Replies (1) | Respond to of 27968
 
Tom,

I was the one that mentioned cash flow. However please understand that in no way did I intend to imply that it was a means to put a value on the company.

If you have been involved in running a business however, you know first hand how important cash flow is to a company even if it flows in and out the same week. Without it there is no future consequently no company.

Revenue is the first key to profitability. "Cash in" is critical to revenue. How the "cash out" is managed is critical to profitability. $42 million in revenue with $400 in profit is perilously close to doing business for the fun of it for a public company. For a private company it might be just fine.

FAMH, in my opinion, at this juncture is a fun play. Let's hope it is a profitable one for us all. We should know soon.

Good luck to all FAMH holders.

HG