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


To: BCfan who wrote (7640)3/23/1998 2:53:00 PM
From: Omnichrome  Read Replies (2) | Respond to of 27968
 
The Press Release should have stated that the $.36 EPS is PROJECTED for 1998 (which is in the realm of possibility). But instead it stated:

<<Firamada said its 1997 revenues will be the sole basis for calculating the post-merger EPS.>>

This talks ONLY about FAMH and ONLY about 1997. I don't buy the argument that the press release makes sense by including additional acquisitions.

I'll accept that the $.36 is meant to apply to 1998, but the press release is misleading at best. I wish this company would be more careful before putting things in print.

Be careful out there.