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

To: Bill Purcell who wrote (7836)	3/24/1998 10:07:00 AM
From: HWMelle	Respond to of 27968

To All: I certainly hope this action in ATXI (IF it is the merger partner) does not undermine what is happening in the negotiations. I am really positive about the actions of FAMH in their efforts to grow the company. I think LE has put this thread in turmoil again. Comments on possible merger implications??? Horst

To: Bill Purcell who wrote (7836)	3/24/1998 10:18:00 AM
From: BCfan	Read Replies (3) \| Respond to of 27968

My take: FAMH is just merging its way onto NASDAQ. FAMH is not buying ATXI. As shareholders, we are not giving up 4 shares of FAMH for one share of ATXI. We still own the same company. We are not getting a raw deal. The "cost" of the merger is the possible dilutive affect of the additional ATXI shares that will be converted to FAMH shares. However, what we get in return are some assets and a revenue stream with no liabilities. FAMH will end up selling that part of the business for a few bucks. I feel the reverse split is used by many firms to avoid being delisted. I see the firms that use it are those that are having financial difficulties. (That's why the reverse split carries the stigma!) However, we know that FAMH is in quite the opposite situation. We are growing by leaps and bounds. So if it looks like a reverse-split with a purchase of ATXI, disguised as a reverse-merger, I don't mind. I am not going split hairs as to what everyone wants to call it. No biggie to me. As long as we get rid of the dreaded MMs, we can be more fairly valued. If you folks are truly in for the long haul, whatever Joe Copia and L.E. call this transaction, do you think that it will REALLY affect the value of FAMH ? Comments? BCfan