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

To: Omnichrome who wrote (7644)	3/23/1998 3:08:00 PM
From: dexx	Read Replies (1) \| Respond to of 27968

Omnichrome, your inability to understand a press release is no reason to put down the information in it. The $.36 EPS is based on the pending NASDAQ merger using Firamada's 1997 EPS ($.1085) as it is the only one available. Dexx

To: Omnichrome who wrote (7644)	3/23/1998 3:30:00 PM
From: Brad	Read Replies (3) \| Respond to of 27968

Omni! The Press Release is CORRECT! If you want to figure 1998 Projections, those numbers are in the 82› to 99› EPS range. For Adjusted 1997 EPS of 36›, refer to my post #7645. But 1998 EPS Projections are even better. That's why FAMH is JUST BEGINNING a long climb UP in value! As I mentioned above, 1998 EPS Projections are in the 82› to 99› range. Ira indicated in a conference call that 1998 projections were at 25-30›. That was BEFORE there was any merger talk at all. By applying the following calculations, you will see that 25-30› PRE-Merger translates into 82-99› EPS POST-Merger. .1085 x 4 = .434 .36 / .434 = 82.9493% 25› x 4 = $1.00 30› x 4 = $1.20 $1.00 x 82.9493% = 82› $1.20 x 82.9493% = 99› -------------------------- In the calculations above: .1085 is the PRE-Merger 1997 EPS. 4 represents the 4:1 share exchange ratio. .36 represents the POST-Merger Adjusted EPS for 1997. 25› and 30› represent the 1998 Projected EPS that Ira mentioned in a conference call BEFORE any merger talk. 82› and 99› represent the POST-Merger EPS Projection for 1998. -------------------------------------------- Hope this is clear enough for everyone to understand. Best wishes, Brad