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

To: Obie who wrote (6064)	3/12/1998 11:26:00 PM
From: Mark[ox5]	Respond to of 27968

Obie, thanks for that MN link! I would usually just wait for next week to see the next PR re: the name of the co., but FAMH isnt very good with timetables so Id just like to guess for the heck of it msyelf. Yes in many ways this is a reverse split, but in this case there are many positives to it. The most easily seen is an instant NASDAQ listing once this closes. Most investors (including me a few months ago) wouldn't touch an OTC-BB stock, so that will just increase awareness many many times over.. for example FAMH will be listed daily in the Wall Street Journal and IBD. Second, if a R-Split didnt have so many negative assosciations with it, I would almost wish FAMH did it because their share count is so high. If it were a "normal" reverse split it would be deadly..ugly. When I search for regular listed stocks (NASDAQ/AMEX) to trade/invest in I take a close look at the outstanding shares and float. Personally, I think a good company with a low float (but not TOO low-or otherwise insitutions will be hesisitant to invest in the co.--liquidty problems) is the best way to go. I believe that simply because when these smaller companies get "noticed" there is only so much supply of stock .. and the smaller the supply the higher the bids must go to convince shareholders to make new shares available (sell). Therefore, the quicker the appreciation once the co. is discovered. So now instead of a 10M float on a OTC-BB stock to fight upstream against, in a while you will have a 2.5M float on a NASDAQ stock. As has been stated on this thread many times, a split either way..reverse or normal instrisincally (sp?) doesnt change anything.. but its all about perception. Normal splits are viewed positively (makes shares of a good co. 'cheaper' to buy) , and reverse splits are viewed negatively (desperate attempt to boost price up). But the circumstances surrounding this RS are actually ok with me because of all the intangibles that come along with it. You cant buy publicity like this... Tired, Mark

To: Obie who wrote (6064)	3/12/1998 11:43:00 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 27968

Whoever listened to the CC.. did they say Minneapolis the city? Or MN the state? Odie brought up COMT.. and looking at the stock it is in Eden Prarie, MN. The stock opened at 1 1/16 today and either stopped trading at 12:01 PM, or no one pays attention to it... but its up 57% today. 30,000 share traded.. hmm a possibility. But this is a NASDAQ Small Cap stock. Im wondering if Ira meant a NASDAQ SMALL CAP exchange stock .. I wouldnt be surprised to "conveniently" leave out the 2 words small cap. Those darn Press Releases... Speculating wildly, Mark