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

To: Mackie who wrote (3918)	2/24/1998 11:29:00 AM
From: dexx	Read Replies (1) \| Respond to of 27968

The PR NEWSWIRE link is: biz.yahoo.com Dexx

To: Mackie who wrote (3918)	2/24/1998 11:58:00 AM
From: John Hanzl	Respond to of 27968

Alas! Now I can stop counting! Now don't get me wrong, I like the content of the release (though I am sure the LOC will be questioned due to the supposed earnings...which is valid) However, even after reading it, I don't think that they FULLY explained how the company 'arises' (sic) at $0.11 EPS... I am still here long (read: March 3rd) =:-) JohnnyH

To: Mackie who wrote (3918)	2/24/1998 12:00:00 PM
From: marcello	Read Replies (2) \| Respond to of 27968

dear guys this is okay news but it will not get the stock up anyplace the real news must not be to good otherwise they would have released it a long time ago my people are telling me there are some big investors who are very upset please respond

To: Mackie who wrote (3918)	2/24/1998 1:57:00 PM
From: Little Engine	Respond to of 27968

Interesting release... <<<Firamada Inc. Secures Line of Credit NEW YORK, Feb. 24 /PRNewswire/ -- Firamada Inc. (OTC Bulletin Board: FAMH - news) has obtained a line of credit through an equity investment in the amount of 12 million US dollars through Bristol Asset Management of Los Angeles, CA. This investment group has given Firamada Inc. the opportunity to form additional strategic alliances to move the company though the millennium. With the acquisitions of Myriad Long Beach CA. Employment Services, and sales of 45 million dollars and Warren Temporaries of New York City, a small industrial niche player, Firamada's revenues are projected to be approximately 75 to 80 million dollars for 1998.>>>> Given the fact that stockholder equity in the company is about $11 million, and they made a $12 million equity investment, I guess they own the whole company now, LOL... Given the numbers FAMH displays in this release (Myriad, $45 million in revenue, and Warren, about $2 million in revenue as stated by Ira in previous conference call), where does the rest of the 75-80 MM come from? FAMH offices will bounce from $8.5 MM to $30 MM in a year? More creative accounting, I guess. *OFF TOPIC*** Love note from Dexx: <<<<Little Engine, I looked at the charts for SRSL and HRVY. One looks like a roller coaster and the other looks like the Olympic downhill. If you feel these two stocks are now poised to rise rapidly, what criteria do you rely on most to determine when they have bottomed out and when they will go on a run?>>>> Gee, Dexx, where did I say these stocks would be "rising rapidly"? I thought I listed them as long-term holds. Must be all the timely FAMH news releases I've been snorting... It's impossible to predict when a stock has bottomed out. If it were possible, there would be no need for earnings reports. If you buy stocks from charts, what especially impressed you about FAMH falling from $1.25 down to .09 in a matter of months? LAMN's got a great chart, I guess, but I took a 20 percent profit and it hasn't gone anywhere since. I wonder what AOL's "resistance level" was a month ago. I've already told you why I like the stocks. You said you wanted a thumbnail sketch. You got it. Have some FAMH delays... L.E.