Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Omnichrome who wrote (7681)	3/23/1998 4:51:00 PM
From: dexx	Respond to of 27968

Omnichrome, I am not trying to argue with you. I just think you are not interpreting the press release properly. Dexx Don't be paranoid out there

To: Omnichrome who wrote (7681)	3/23/1998 5:00:00 PM
From: CO	Respond to of 27968

Omnichrome, I respectfully disagree. The eps of .36 post merger is correct according to my calculations. It does NOT matter how many outstanding shares there are currently, when you figure the 1997 EPS. The way the calculation is done, is by using the WEIGHTED average outstanding shares for 1997. This is standard practice. Just because FAMH is merging with a NASDAQ company, does NOT mean that they have to change their calculations for their 1997 eps figure. If FAMH was just doing a 4 to 1 share exchange without the merger with the NASDAQ company, their 1997 EPS would be (10.85 x 4) 43.4›. By doing the merger the only thing that must be accounted for, in order to arrive at the CORRECT 1997 EPS, is the number of outstanding shares for the NASDAQ company. And that is why the 1997 eps is .36› and not 43.5› Cheryl

To: Omnichrome who wrote (7681)	3/23/1998 5:11:00 PM
From: Buster	Read Replies (1) \| Respond to of 27968

Omni, I get it now. Fahm is using their weighted average 1997 shares to figure the .36 eps earnings for the combined company. 20mil shares; 2.2mil net 2.2/20 = .11 aprox. eps merger 1997 20mil shares/4 = 5mil weighted avg. merger company approx 1mil? 5mil + 1mil = 6mil weighted avg. 2.2mil/6mil shares = .36 approx. Am I warm? Buster

To: Omnichrome who wrote (7681)	3/23/1998 6:22:00 PM
From: Leroyt	Read Replies (2) \| Respond to of 27968

Omni, Since the 40 mill shares is based on the acquisition of Myriad and other small companies, you would have to use earnings based on those numbers. We don't know what the earnings may be from Myriad, Downey show, other companies, etc. I do know that Myriad is growing in leaps and bounds and the Downey show has a HUGE earning potential. It is POTENTIAL, but Don't take selective 1998 and 1997 numbers and combine them. THAT IS DEFINITELY WRONG!! DO YOUR OWN dd. Later, Leroyt