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


To: Warthog who wrote (6468)3/15/1998 2:15:00 PM
From: Munch  Read Replies (2) | Respond to of 27968
 
INVHO,
We have three things to look forward to in the next ten trading days that will propel FAMH even further:
1) Announcement of the Myriad deal closing
2) Release of the 1997 detailed P&L statement with EPS calculations
3) Further information regarding the Reverse Merger

Also,
The recent volume and price increase has caught investor attention over the past week. As these investors do their DD and read this thread, they will be sticking around for the 2 and 3-bagger, and not just the 20-30%.

FAMH has people sticking around because:

1) FAMH has a REAL product/service (not a technology prayer that may/may not happen)(not a mining company that may find some gold in Bolivia)(not an oil-exploration company that can drill horizontally)
2) The staffing/placement industry is THE place to be right now. (white collar unemployment is lower than the 4.6% general unemployment figure released by the government)
3) The company is profitable, and only recently, it has begun an IT division with a great response. So as their IT division grows, the profits will grow as well.
4) The company is just now learning how to deal with shareholders. It is a young and small company, so initially, there was some debate on the quality of its press releases and investor relations. To remedy that, FAMH has had weekly conference calls to keep us informed and the recent press releases have a noted mark of professionalism.
5) Growth by acquisition of PROFITABLE staffing companies that will dilute shares somewhat, but will be outweighed by the increase in EPS.
6) The partial financing of the Morton Downey show seemed like a joke at first, but we have learned that FAMH has recouped its initial investment, and that MD could add revenue of about $100k a day. (That's with a only a 1% share (he left the air in the 80's with a 6% share) and a conservative 100 shows a year = $10 million)
7) An announced 4 million share buyback --> The full amount may not be fully realized due to reverse merger, but as of 3/12, 700,000 shares have been bought back. The shows the confidence that FAMH has in its future prospects.
8) Possible listing on NASDAQ as a result of the merger will result in a truer valuation of the company. (Industry PE of 30+)
9) Lines of credit at its disposal. I like that, not because the credit can be exhausted, but because financing institutions have faith in the company's cashflow.
9) FAMH has a lot more room to go up. I am glad that it is not like the BAATs and NETZs of BB fame (From $0.30 to $2.00 to $0.40 all in the matter of a few trading days.) It trades in a more healthy manner and has been forming new bases each time we move up.

I know I have missed a few, but I have taken enough of your time.
Any comments?

Munch



To: Warthog who wrote (6468)3/15/1998 5:00:00 PM
From: Double Dipper  Read Replies (1) | Respond to of 27968
 
Colin,

RE: NCES It is a subsid of NOV Health care. It is also a staffing
services company only they are primarily staffing medical specialists.
They have a built in niche because their parent company is a med
provider. I have had NCES in my portfolio for several months and
believe it also has a lot going for it in this industry.

MY apologies to the thread but it is somewhat related.

Kevin