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Microcap & Penny Stocks : FIRAMADA (FAMH) - New 2-19-1998 - RESEARCH Posts ONLY! -- Ignore unavailable to you. Want to Upgrade?


To: JIN CHUN who wrote (39)3/12/1998 4:45:00 PM
From: Brad  Read Replies (1) | Respond to of 65
 
My NOTES from CONFERENCE CALL 3-12-98:

1. Myriad - Flying out next Thursday to sign all the documents.

2. Line of Credit - Not used yet. Contract Receivable on the books. Possibly be used for future acquisitions.

3. Stock Repurchase - Ongoing. Bought about 600,000 - 700,000 shares so far. This reduces the float, gives us more control, we have confidence in the company, and we feel the stock is tremendously undervalued.

4. Insiders control about 70-75% of the company.

5. News release very soon. Negotiating to Merge with a NASDAQ Company. Could be trading on NASDAQ about 60 Days after completion of merger.

6. Expect to be a $100 Million company and listed on NASDAQ very soon.

Best wishes,
Brad



To: JIN CHUN who wrote (39)3/13/1998 8:33:00 AM
From: CO  Respond to of 65
 
I just received the following from BBNS. They just picked it up on their wire service:

Cheryl
--------------------------------------------------------------------
Subject:
Penny Wise Pick for Friday 03/13
Date: Fri, 13 Mar 1998 07:04:19 -0600
From: BBNS One Of The Best <bbns@the-link.net>
To: "BBNS Main List":;

Price Limits:

We at PWSP have placed a MUST BUY
(highest ranking) on FAMH until otherwise
notified.

If buying Friday, be apart of the morning's
gap up. We expect FAMH rise..through-out
the day.

Target Prices:
Because of our recommendation, and recent news..
we expect FAMH to hit $1, in just days.

If FAMH goes ahead with this NASDAQ merger...
you will own 1 share for every 4, previously owned.
Of course, the eps will be 4 times greater.

This leads us into making a 3 month upside potential
target price of $11. And a 1 year upside potential
target price of $35.

So to make this simple....

If you buy 100,000 at 1/2 (a $50,000 investment).
We believe, that in 1 year...you will own 25,000 shares,
at $35. Total value = $875,000!

Check out the PWSP Message Board for the latest information.

c1998 Penny Wise Stock Picks
Bacon Butt News Service (BBNS)
BBNS@ZEBRA.NET