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

To: John Fairbanks who wrote (6484)	3/15/1998 5:46:00 PM
From: Double Dipper	Read Replies (1) \| Respond to of 27968

John, I agree, and honestly believe that the audit came about because of the embarrassment caused by the 3rd quarter fiasco. Bravo for FAMH to correct the problem and make sure it didn't happen ever again. The only thing that concerns me from that press release is that it didn't say diluted earnings of .1085. Although I believe it was stated as such in a conference call or by a thread member confirmation, it would have put the issue to rest if it had been stated in that press release. Since it wasn't we have to live with the ongoing speculation. Kevin

To: John Fairbanks who wrote (6484)	3/15/1998 5:53:00 PM
From: JIN CHUN	Read Replies (1) \| Respond to of 27968

John, ditto. My sentiments exactly. Also, if the speculation that the Myriad deal will be finalized this week is true, then FAMH will change it's revenue structure dramatically sooner than later. In '97 they had 8.5MM in revenue. Their core business is projected to do around 12-13 minimum with contracts currently in place, then bring in around 60MM from Myriad. Personally, the '97 numbers don't mean as much to me as the ones for right now and the rest of the year. Jin.

To: John Fairbanks who wrote (6484)	3/15/1998 5:58:00 PM
From: Jamie Orr	Read Replies (2) \| Respond to of 27968

John, don't try to mislead people. You know perfectly well I'm not talking about forward looking projections. I'm talking about an earnings announcement that was made two months after the end of the third quarter. Back on Nov. 24 no one was calling Ira's claim of .06/share a "back of the envelope calculation." In fact that number was being hyped all over the internet. I picked it up from a post on Yahoo. I seem to recall it was Brad who posted it there, but I could be mistaken. If Ira wasn't sure of the third quarter numbers then he should have qualified his claims, but instead he sounded just as sure of himself then as he does now: "...earnings for the 3rd quarter of this year were $.06 per share thus creating a YTD of $.12 per share." (Nov. 24, 1997) Jamie Orr