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

To: dexx who wrote (7648)	3/23/1998 4:39:00 PM
From: Omnichrome	Read Replies (4) \| Respond to of 27968

dexx, (I will use the lower-case for your name as it fits my latest judgment of you) I understand the press release as written (not through a haze of hype and rosy glasses as most). Let's look again at how the New EPS is calculated by the company: <Firamada said its 1997 revenues will be the sole basis for calculating the post-merger EPS. Based on its pre-merger EPS of $0.1085 for 1997, and the proposed 11.97 million post-merger total number of shares, the new EPS calculation for a NASDAQ-listed Firamada company would be about $0.36.> For your edification, dexx 1.EPS x # of shares = Net revenue after taxes. 2. .36 x 11.97 = $4.31M . 3. $4.31M did NOT happen. Be careful out there.