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

To: CO who wrote (9766)	3/31/1998 10:40:00 PM
From: blkjk7	Read Replies (3) \| Respond to of 27968

Cheryl, et al, the latest: Tuesday March 31, 10:11 pm Eastern Time Atrix will discuss Firamada takeover bid MINNEAPOLIS, March 31 (Reuters) - Atrix International Inc. said Tuesday it will discuss Firamada Inc.'s (FAMH - news) bid to take over the company. ''We are eager to discuss these developments with the principals of Firamada Inc., as well as discuss their stated desire to facilitate a business combination between our two companies,'' said William Bednarczyk, president and chief executive of Atrix, in a statement. Atrix said it had been notified that Firamada has acquired five percent of its shares. Firamada also asked for representation on Atrix's board of directors, the company said in the news release. Atrix said it had requested some financial information from Firamada, and said it could not proceed with discussions without it. ''We do not believe that we can execute a letter of intent without first reviewing this information,'' Bednarczyk said. Atrix makes remote metering and production monitoring hardware for the copy control and plastic injection molding industries. Its shares closed down 5/16 at 2-15/16.