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

To: Rob Miller who wrote (7451)	3/22/1998 11:38:00 AM
From: Double Dipper	Respond to of 27968

Rob, Yes I do! Now if I had a crystal ball I could pick a date. But, since I don't your guess on the time/date to get us there is as good as mine. I believe that it should take about two quarters beyond the NASDAQ move. That will give the street time to evaluate the companies performance and ability to deliver the numbers. I have been chastized for being conservative. But, my money is very dear to me and I wouldn't expect to see this return in a week or even a month. That is unrealistic (in my mind) but I honestly believe if the company is able to deliver the numbers, that $9.00 share price will be only the initial base from which the company will begin its move upward. I have spent numerous hours doing my own independent research not using the information from company PR people. I use the numbers given in the press releases and tried to verify their accuracy. I feel comfortable in saying "if the audited numbers when released come out within a penny of those projected in their recent PR we should see a share price upward of $20.OO in a years time." You can use my quotes. I have bet a significant portion of my savings that I am correct. I no longer view this as a hit and run daytrade. This company is for real. JMHO. P.S. You can search the SI site over and you will not see my name touting FAMH anywhere. This post is in direct response to your question. It is my opinion only. Research and judge for yourself. Kevin

To: Rob Miller who wrote (7451)	3/22/1998 11:43:00 AM
From: Mark[ox5]	Read Replies (1) \| Respond to of 27968

Yes Rob.. the shares are divided by 4 and in kind the price is increased by 4. As for realistic for $9.00 it depends on how much NASDAQ helps them. A $9.00 would be equivalant to $2.25 at todays prices. Todays earnings are .1085 for 1997 .1085 x 20 PE = $2.17 .1085 x 25 PE = $2.71 So that is why people think it is realistic to reach $2.25 (or $9.00 post merger) We still have no timetable for the merger and/or NASDAQ listing so its not going to be a 2-3 week thing.. but that is an idea. Mark

To: Rob Miller who wrote (7451)	3/22/1998 1:39:00 PM
From: CO	Read Replies (2) \| Respond to of 27968

Rob, HDWY did something similar to what FAMH is doing. Here is a previous post, where this was mentioned. Message 3719043 HDWY is now trading at 8.00 with an 1997 EPS of .28 cents. And the price has been continuing to increase. HDWY is trading at an industry multiple of 28.5. 28.5 x .28 = $7.98 quote.yahoo.com Using what would be FAMH's POST merger eps .36. This is really the number that is important. Many companies add shares during a year, but the bottom line is that the eps is the figure used by brokers and analysts. If FAMH trades at just the level that HDWY is now trading that would put them at: 28.5 x .36 = $10.26 One thing to note is that the 1997 eps is without any of the additional revenues from the Myriad acquisition which is scheduled to close this week. That would take FAMH from being a 8 million dollar company to an $80 Million dollar company. The pre-merger estimate for 1998 of .25 to .30 eps would equate to .82 x .99 POST merger estimate. Using just the multiple of 28.5 and the lower estimate of .82 cents: 28.5 x .82 = $23.37 And in my opinion, FAMH, with its rapid growth pattern, could quite easily trade at a higher multiple. To me there appears to be a lot of future potential for FAMH. Cheryl