To: Jamie Orr who wrote (6089 ) 3/13/1998 12:10:00 AM From: JIN CHUN Read Replies (2) | Respond to of 27968
Jamie, or is that your real name? No offense, but that question is certainly legitimate. Let me say this first:THIS IS NOT A REVERSE SPLIT If you think that it is, than you are wrong. Yes, the effect may be the same thing as a reverse, being that the number of shares that one has now will be reduced by a 4:1 ration. But think of what a reverse split actually is, and go back and read Brad's post. Once again,THIS IS NOT A REVERSE SPLIT . It was stated that the Myriad deal will be inked next week. They have hired an industry veteran in IT as VP for their IT initiative. The Miami office is opening. They have contracts with AIG, Kemper, Colonial, Deloitte and Touche, Allied Signal, etc. ( read the header ). It is inconceivable to me that they would not be able to at the very least make .10 eps with the current share count of 40MM (pre-merger), in '98. If you think that they can't, please tell me how. FAMH is not fairly valued now because of the exchange they are in. If one were to apply fair market valuations to the current company, minimum price would be around $3. Once they are in a bigger exchange, they will be fairly valued. Once again, FAIRLY VALUED! , that means we won't have to put up with the #!#$! of this exchange. What does that mean for those who are shareholders? A much higher stock price.FAIR MARKET VALUATIONS FOR FAMH = MUCH HIGHER SHARE PRICE Jamie, or whoever, tell me how this is a run of the mill reverse. Show it to me, I challenge you. By the way, it is exceedingly easy for one to have multiple accounts with multiple monikers. Tell me what the share price is fairly valued in your opinion, and tell me why. Tell me why FAMH isn't worth more than what it is now. Jin.