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

To: slotman who wrote (8113)	3/25/1998 11:43:00 PM
From: JIN CHUN	Respond to of 27968

Slotman, and what if the news release had a typo, and the share count is not accurate since not all stock databases are kept current at timely intervals, or that there is a holding company in MN, but the actual corporate listing for the target is in another state. Lots more people looking for LE. Jin.

To: slotman who wrote (8113)	3/26/1998 4:16:00 AM
From: BigWave Dave	Read Replies (1) \| Respond to of 27968

Joined the FAMHily on Monday at .60. What a soap opera! I've been following the daily stock price, but not the thread. And now, where would I start? 3000, 4000, 5000??? I did listen to a conference call a couple of weeks ago, and was intrigued, but the Pennywise/IRC hype scared me off. I guess what got me was the comparison to other staffing companies P/E, and the impending NASDAQ merger. But then the ATXI rumor. What a bunch of crap! 1) ATXI has 1,413,449, not 1,413,919 2) ATXI has had unprofitable quarters for two of the last 16. "Whoever heard of a company that is profitable for 14 out of 15 consecutive quarters selling for .50/share." Yahoo thread, before split and another losing quarter. 3) Another comp. Pres. Accumulated 13% because he was so unhappy with ATXI management, and wanted to change their ways. 4) The company "Wexford Capital" was looking for shareholders because they were not fulfilling their goals as stated in corp. start in 1989. See below.* 5) Shares outstanding. They only had ~5M shares before the reverse split 12/97. Now, just the 1.413M. (And they are authorized 3M-Preferred stock, none issued, and 12.5M shares authorized, 1,413,449 shares issued and outstanding. They obviously don't realize the quickest way to make money is to issue all those shares! The really popular companies have at least 40 or 50 M issued.) 6) They could lose their listing. From the Yahoo ATXI message thread 3/20 "I suspect ATXI's NASDAQ qualification is also in danger." 7) They get a FED contract and the price only increased 25% on a whopping 72,000 volume. 8) Then another press release at 7:59 PM that really screws things up. Their going to make at least $30,000 from 48 copiers! WOW! (I wonder if someone was trying to keep the price down.) What a joke! How could this be the ONE! *Yahoo post "Wexford Capital is interested in finding shareholders of Atrix to determine its electronic support. Atrix,as you are aware, was formed as a blind pool in 1989, to reverse merge or acquire growing, profitable companies. Atrix to date has not grown and as of late has been losing money. The company has enough cash on its balance sheet to perform acquisitions, but has not. The company has a new 12% owner and his request for a board is denied. Atrix shareholders need to inform management that they need to move forward not backwards." Jesse (with tongue firmly planted in cheek)