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

To: John Fairbanks who wrote (4000)	2/25/1998 10:20:00 AM
From: Andrew H	Read Replies (2) \| Respond to of 27968

>>Again, who cares how many shares there are as long as they have earnings to match... what's dangerous is when a company is printing shares in a desperate attempt to stay in business or get some wiz bang techy product off the ground. That isn't the case here.<< John, one should always be concerned about the number of shares being issued. Regarding earnings to match, that remains to be seen, doesn't it? IMO, this company has certainly not earned the trust of shareholders.

To: John Fairbanks who wrote (4000)	2/25/1998 1:41:00 PM
From: Lurker	Read Replies (1) \| Respond to of 27968

<<Again, who cares how many shares there are as long as they have earnings to match... what's dangerous is when a company is printing shares in a desperate attempt to stay in business or get some wiz bang techy product off the ground. That isn't the case here.>> Hmmm, EPS has dropped from .21 to .11 and number of outstanding shares has increased from 20 million to 41 million.

To: John Fairbanks who wrote (4000)	2/25/1998 1:58:00 PM
From: Little Engine	Read Replies (3) \| Respond to of 27968

<<<what's dangerous is when a company is printing shares in a desperate attempt to stay in business.... That isn't the case here.>>> Gee, FAMH has me fooled, then... they line up financing, but for some reason their investment banker (Westcott, with which they had a "two-year exclusive agreement" for acquistion financing) broke the deal off. Then... I suppose they couldn't get financing in New York? If only there more banks there... Now, they get an "equity investment" of $12 million (selling new bunches of stock, I believe it's called in laymen's terms) and call it a "line of credit". Creative and "shareholder friendly" indeed. Issuing (at least) 20 million shares in two months? Stalling the promised financials, or even a decent explanation? Looks desperate to me. What cup is the release under? Follow closely. Who here sincerely believes the audit will be out Monday? Show of hands? L.E.