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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (5347)	3/13/1998 8:52:00 AM
From: JIN CHUN	Respond to of 8835

Gabard, Geeze Louise! I simply did a word search on FAMH to see how SI was reacting. You and I obviously disagree, which is fine: free country. From the little time that I have been lurking on this thread I had thought that you were a gentleman. If I offended you, sorry. If you remember I posted about this company back in Nov/Dec. I am not hyping this stock, and if you don't like it, fine-I won't post it here again. Re: trading logs- the last hour of trades yesterday were heavily weighted with buys at the ask. Re: 75 percent, just my previous response. Um, excuse me. I am not an FAMH spin doctor. Isn't this SI? I am a shareholder and continue to be. If you read the news release, show me how you can define this reverse merger as a textbook example of a reverse split! Is FAMH in debt? No. Do they have cash and reoccuring revenue from continuing operations? Yes. Are they profitable? Yes. Do they have a need to reverse split to artificially boost share price? No. Post merger, FAMH will be the same company, and since the target is not doing any business with no liability, the post merger FAMH will simply be on the bigger exchange. You're right, the amount of my shares will decrease by 75 percent. But how are stocks valuated on the market? By the number of shares alone? Hey EUTO must be worth lots and lots. Stocks of companies, especially in the industry that FAMH is in, run at multiples of 25 to 35 on average, and much higher if the company is in an aggressive growth through acquisition business model. I might have only 25 percent of the shares I once had, but the fundamental values of each share will increase by 400 percent. Those valuations that determine whether or not a stock's price is undervalued/overvalued/fairly valued in the eyes of the market will be applied to 75 percent less shares, but shares who's eps, price to sales, etc will increase by 400 percent. Don't get me wrong, I know what you are saying, I just disagree. This is not a reverse split to artificially inflate the price. It is a move to listing on a bigger exchange to give the opportunity for the stock to be fairly valuated, which, IMO it is not currently. You even said recently that the OTC-BB is not favorable to fair valuations on co's. Just my opinion, and we obviously disagree, but once again, the math goes both ways. Jin.