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


To: Brad who wrote (7883)3/24/1998 12:58:00 PM
From: Mike Hardy  Respond to of 27968
 
Is it possible they want to keep the price at this level until the merger goes through?

mike



To: Brad who wrote (7883)3/24/1998 1:05:00 PM
From: JosephCotton  Read Replies (3) | Respond to of 27968
 
Do you think the MM's send 'agents' out to sites like these to specifically "shake loose" some stock with negativity and confusion? The 'rumors' are pretty good with this stock, but nobody's buying them. Not too many 'weak hands' yesterday - do they go out to weaken some?



To: Brad who wrote (7883)3/24/1998 9:03:00 PM
From: Beantown  Read Replies (1) | Respond to of 27968
 
Brad,

I must first start by thanking you. It is people like yourself, Cheryl( of course), Jin, Jane, and a few others who have raised my comfort level with my investment in Firamada. I first purchased FAMH on October 18th. Since then, I have "sucked" in family, friends, and coworkers. I "sucked" them in, not by mere words spoken, but by printing off pages and pages of this thread with all the information it contains. My/our gratitude to all.

My question or concern is in the share price of Company "X". If we are to say find to a 1 for 4 merger shouldn't we want to see a share price with the exchange which is fair to all parties involved. Ira has stated in his opinion, and I agree entirely as do others, that Firamada should be a $3.00 stock.

Now, before you think I am nuts, hear me out. I realize that gaining a listing on Nasdaq is worth something, and for that, it will cost us something. I am not saying 1 for 4 then the price of the Nasdaq company should be $12. But I am wondering should share price be more in the $ 7, 8 or 9 range or should a different exchange rate be used.

Don't get me wrong I trust Ira as a dealmaker completely. That is why I wonder if all of this talk of ATXI et al makes any sense. If we are way undervalued now, and company "X" is correctly valued at $2.00, then are we not paying an awful lot for a Nasdaq listing.

I guess I am greedy. I want the Nasdaq listing and to keep ALL my shares (or as much as possible)in the exchange. But if I do, then it screws with EPS * P/E. What a vicious circle.

Anyway, I really trust and would appreciate your opinion or anyone else's.

Beantown