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


To: Double Dipper who wrote (5796)3/12/1998 12:46:00 PM
From: Mark[ox5]  Read Replies (3) | Respond to of 27968
 
You know.. if all this share info held by SI people is true.. and if we actually trusted one another ..

WHEN/IF the price went up if we made a promise not to sell until $x.xx price, then the float is "reduced" and the price increases much higher. The people new to the game would be required to pay that much more for the stock.. an interesting theory if we all knew each other.. we'd be a hell of a "block".

Also, lets say .1085 for 1997
.1085 x 15 PE = $1.62
.1085 x 20 PE = $2.17
.1085 x 25 PE = $2.71

Thats really the highest PE I can assign FAMH .. sorry for those who think it can be 40 PE or higher.. maybe it can, but I try to be very conservative. Im not sure where these $6.00 - $8.00 targets are coming from. Its also troubling that even now with the #'s in "black and white" like everyone has been clamoring for, that the price hasnt edged up to at least closer to $1.00... I guess everyone is seeing HOW they made the .1085.

Also, this Q ends March 31 I assume. I think its possible that the 1Q could be the "worst" of the next 4, because you have the aquisition costs from Myriad reported in the Q (has the deal been officially closed?) If not, maybe Ira wants to wait until 2Q 1998 so the 1Q numbers will look good.

I would really like to know if Brad (or anyone who contacts Ira) maybe Buster could ask: Is the Myriad deal officially closed, and if so will it hit the 1Q EPS numbers? Also, when do they plan to release 1Q EPS? Mid May timeframe?

March MADNESS IS UPON US!!!! WOO!

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