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Microcap & Penny Stocks : RNTK and FAMH, both companies lost the war! -- Ignore unavailable to you. Want to Upgrade?


To: JIN CHUN who wrote (73)2/21/1998 11:29:00 PM
From: Little Engine  Read Replies (3) | Respond to of 110
 
I believe the .06 estimate..... plus or minus six cents. Since no audit has been released on Myriad (indeed, sounds like it isn't done yet, since they keep saying they are doing a number of audits at once), .06 is a dream.

Do you really believe Myriad numbers provided to Ira by the guys who didn't bother to pay taxes and were liable for millions if they didn't sell?

Six cents would be $2.4 million on 40 million shares... and firms in the same field as Myriad (Administaff, ESOL, etc.) don't make nearly the same kind of profit margins they are claiming. Although I am sure you have compared them already, right Jin? Profit margins higher than anyone else... sounds familiar, huh?

I still want to know how FAMH happened to make exactly the same revenues (about $4.2 million) each half of last year, while making exactly the same profit margins (about $1.2 million) as well. Well, that's what they're claiming, anyway.

Does anyone think the "corporate heirarchy" story will come out at 10 a.m. Monday, on time?



To: JIN CHUN who wrote (73)2/22/1998 9:51:00 AM
From: Redhead  Respond to of 110
 
Jin,

re <<<<Jonathan, I think that a very important point that everyone is missing is this: THE MYRIAD ACQUISITION ALONE WILL GIVE A POSITIVE EPS OF .06 CENTS A SHARE, +/- a few cents>>>>

I don't mean to be dense, but as the acquisition was made recently, how can Myriads financials be included into Firamada now??? Won't the financials coming out tomorrow be Firamada's only? I don't see how Myriads could be included til at least the next quarter. Please help me understand this.

thanks
Redhead