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


To: Omnichrome who wrote (4328)2/27/1998 4:14:00 PM
From: Little Engine  Read Replies (4) | Respond to of 27968
 
Omnichrome:

The Nov. 24 3rd Quarter earnings statement was "backward looking".... in more ways than one.

In it, they claimed .06 for the quarter, which had ended two months earlier. In January, they changed it to .03.

They were off by 50 percent... do you consider that "a lot"?

With the increase in shares during the 3rd and 4th quarters, $2.2 million in earnings would put them a lot closer to .09; it appears the earnings shaving has already begun.

BTW, will the earnings projected (since we won't see them Monday, I have to ask) undiluted or diluted? The "smart money" will be paying more attention to the diluted earnings, which FAMH will have to release as well...

The adorable Little Engine

P.S. I think Jane is Ira till she proves otherwise... LOL. I sure hope it turns out that I am Jamie. I'd rather live in Vermont than on the north side of Chicago.