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

To: telebob who wrote (4827)	3/3/1998 9:16:00 PM
From: Jamessmith	Read Replies (2) \| Respond to of 27968

The number of EPS ($0.11/share with 8.5 M revenue) ) is audited (BTW, do you know what audited number means?), the outstanding shares were 24 million shares in 1997. In 1998, the outstanding shares are 40 million, estimated EPS is $0.32/shares with $60-80 M revenue. James

To: telebob who wrote (4827)	3/3/1998 11:30:00 PM
From: JIN CHUN	Read Replies (1) \| Respond to of 27968

telebob, with contracts in hand, is it conceivable that Firamada's core pre-Myriad, pre-Houston offices could do around 12 to 13MM in sales? I think so. Is it conceivable that Myriad could do 60MM in sales? I also tend to think so. The expanding IT initiative, bringing in an industry veteran, Houston accelerating their sales, the finance division. Anything around 80MM in sales, with a conservative net margin of 5 percent gives around .10 eps with the current share count. But what about possible dilution? Is it probable that the amount of dilution would proportionately be outweighed by the increase in eps? I think so. Would management do it if it did not? I hope not. As far as we know, the credit line hasn't even been accessed yet. What's good is this: a profitable company in a hot industry with an established model of growth and an agenda to move into more profitable areas, as well as expanding their client base with established, well known companies. How about LE, let's apply the valuation of some of the other companies in the industry onto FAMH's projected sales for '98. If your honest you won't say it's still over valued. Jin.