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


To: Little Engine who wrote (7466)3/22/1998 12:51:00 PM
From: howard a steady  Respond to of 27968
 
LE

Your head is "Up and Locked" !

Shakey



To: Little Engine who wrote (7466)3/22/1998 12:56:00 PM
From: dexx  Read Replies (1) | Respond to of 27968
 
Hi Little,

I spoke with a district court judge Friday and an enforcement officer with the FCC.

If legal action is ever taken against you, you will have NO place to hide. Your ISP, and SI will divulge (under subpoena) any and all information about you to the FCC and the issuing court.

So yak away...but as Omnichrome says..."be careful out there."

Dexx



To: Little Engine who wrote (7466)3/22/1998 2:59:00 PM
From: Dusty Vestal  Read Replies (2) | Respond to of 27968
 
Well, if you read up further you would realize that Ira said he WAS NOT going on the cruise to attend to the closing of Myriad...

Geez, what an idiot... Dusty



To: Little Engine who wrote (7466)3/22/1998 4:26:00 PM
From: JIN CHUN  Respond to of 27968
 
LE, still on SI? Surprising, I guess it's taking Jill the webmistress plenty of her time to go over your 250 something posts.

You don't own any shares do you?
You say that you don't work for anyone interested in seeing the price down, don't you?

<<Mark, you would of course have to chop these numbers in half to get the current P/E, since the outstanding stock has doubled. A 20 P/E would bring a price of $1.08.>>

You're absolutely on the vested shareholders money. Except that you fail to mention that in the time that the share count has doubled, we have:
1)acquisition of Myriad which in my estimation is doing around 80MM annual sales.
2)Myriad's revenue and profits will be FAMH's revenue's and profits for the last 3 quarters of 1998.
3)The Houston office is up and running, and billing at an accelerating, non-linear rate.
4)The financing division, without further growth, will bring in over 1MM in profits, with an eps contribution, fully diluted of around .035/share.
5)Since fiscal 1997, FAMH's core business from existing offices has grown by over 50 percent, bringing in contracts from huge companies such as AIG insurance, Colonial, Kemper, Allied Signal, Deloitte and Touche, the last two of which you once mistakenly denied as being IT, but alas they are for IT placements. The existing offices are expected to bring in around 12 to 13MM in sales in '98.
6)FAMH has brought in an industry veteran to head their IT initiative.
7)Miami office will open soon.

The numbers as I see them:

1)core offices( in existence in '97) 12-13MM
--a)low figure of 12 at a 10 percent net =1.2MM
2)finance division
--a)assuming no growth and averaged out from 1st quarter = 1.4MM
3)Myriad's contribution into FAMH fiscal '98
--a)80MM annual at 3/4's=60MM. Using their '97 net margin of
----4 percent give 2.4MM
4)Total is around 5MM using CONSERVATIVE figures.
5)That gives a conservative eps of .125, FULLY DILUTED
6)PE of 20 gives $2.50 a share.
7)The above eps figures(my own conservative projections), calculated into 11.5MM shares = 43.5/share.
8).435 eps x 20 PE= $8.70/share
.435 eps x 25 PE= $10.87/share
.435 eps x 30 PE= $13.05/share

YOU even gave several excellent examples of companies in an effort to naysay this stock, which are trading at fantastic multiples given the fact that they are coming off of negative earnings years. Apply those same multiples and the price is higher.

<<I can't see how anyone could figure P/E's based on "projected earnings"... especially since I remember the projected earnings of .09 for the 4th Quarter of 1997. Or based on the projected reverse merger... not exactly "cruising" toward that soon, are we?>>

You will eat your words shortyly IMO. Do you have any insider information that noone else has? What basis and foundation do you have for making those statements?

The rest has already been answered by others.
Regarding your past statements on this thread of a libelous and defamatory nature, Dexx and I aren't the only ones aware of them.
Not a threat, a statement of fact.

Jin.