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

To: Brad who wrote (7780)	3/24/1998 12:25:00 AM
From: Steve Redding	Respond to of 27968

Another NASDQ staffing company (STAF) IPO'd in late 1996. It sells for $38 per share, has 19 million shares, EPS of $1.00 and a PE of 38. I'll settle for something close to that.

To: Brad who wrote (7780)	3/24/1998 12:26:00 AM
From: David Parkinson	Respond to of 27968

Wow Brad!! When you answer a question you certainly do it in style!! The main reason I was asking was that I kept hearing that the split price would be closer to $24. What I got confused about is that $9 is a VERY near term price and $24++ is the longer term price. Thanks once again for your excellent work. David

To: Brad who wrote (7780)	3/24/1998 7:33:00 AM
From: PHarris	Read Replies (2) \| Respond to of 27968

What the 4/1 reverse means to a small time investor like myself: Buy FAMH at .28 with $3000=8400 shares The price goes up consistently but very SLOWLY to .60. I don't believe the price would reach $2.00 as a BB stock by year end. Maybe,maybe not. At $2.00 a share,my 8400 shares are worth $16,800.(Again,I don't believe it would happen) Post merger I have 2100 shares, but a new investor at $2.00 a share x the original $3000 would only get 1500 shares. I am 600 shares richer than him. At $9.00 a share, my 2100 shares are worth $18,900. I am not unhappy, but most of all I am no longer concerned about the investors who bought 100,000 shares at .28. At $9.00 a share, a sell would mean FAMH forking out $900,000 for each sell causing great financial stress to the company and extreme volatility to the price. And I know there are many SI people who own that many. I think I am older than most on this thread,and my advanced age has taught me there are no get rich quick schemes that work out there. So, at $9.00 a share,my original 8400 shares would be worth $75,600, but again I don't believe this would have happened as a BB stock. I'm happier with a fairly valued stock than a pipe dream. I believe the stock will be worth at least $20.00 a share,making my original $3000 worth $42,000. Ira can afford to pay me,FAMH continues to grow, and I start looking for the next potential BB stock. All right LE(who I believe is very young),tear this argument up. Priscilla