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


To: Little Engine who wrote (10089)4/1/1998 8:26:00 PM
From: Mel Viticus  Respond to of 27968
 
... stuff we need to know, like the fact that Jane is a senior citizen in Brooklyn, Lebed is actually Peter Lynch looking for new frontiers to conquer... and Jin Chun's real name is Jim Bob

Jane, tell me it's true!

Melviticus
At Shady Acres, with my "Depends" gettin' damp



To: Little Engine who wrote (10089)4/1/1998 8:39:00 PM
From: JIN CHUN  Respond to of 27968
 
LE, I could go off and say that you are a big fat idiot, but I won't.
Not that it matters, but you probably couldn't pronounce my first name, especially with the shape of your tongue. I'm not hiding, you are. Look me up: Davenport residential college, Yale class of '93. I'm in the local phone book too.

Not all eps' are calculated that way, if they were, no 10k or 10Q would ever say "diltuted" or "undiluted" next to the figures. Brokers and anyone else interested in investing in FAMH will look at where the company is now, where it has been, and where it is going. It was 8.5MM in '97, will soon be 80MM in '98, and possibly more than 100MM or more in '98 at the rate that Ira is going.

Jin.



To: Little Engine who wrote (10089)4/1/1998 8:53:00 PM
From: skreiger  Read Replies (2) | Respond to of 27968
 
<<The accepted way to calculate P/E's is to divide earnings by number of shares. More specifically, to divide most recent earnings by current number of shares outstanding.>>

Huh?

I thought that's how one calculated EPS (earnings per share)...divide earnings by number of shares.

Please tell me EPS and P/E ratio are not the same thing!

I guess you are trying (again!) to make an issue about the number of shares outstanding and how that number figures into the calculation.

Weighted averaging is the accepted method for calculating EPS for a company which issues or buys back shares during the most recent four quarters. As we all know, Firamada issued approximately 20MM additional shares during 1997, increasing the total outstanding from 20MM to approximately 40MM. No one denies that. But because this didn't take place on January 1, 1997, the weighted average number of outstanding shares is the number used in the calculation. Again, this is the accepted procedure.

I assume you know all this. So, the age-old question remains: why do you continue to try to deceive? If Firamada is planning on ripping off hundreds of people who have invested in good faith, they will get what's coming to them. Your presence (and continued blathering) does not affect the decisions of these people one iota.

What you have done the past several months does not demonstrate the actions of a healthy mind. Unless you are driven by a thirst for vengeance or the lure of easy money, there is no reasonable explanation. And since you have never felt compelled to offer a reasonable explanation, we are left to scratch our heads and wonder.
But we still remain.

Good luck to all!

Scott