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

To: JK who wrote (10468)	4/3/1998 2:51:00 PM
From: Kit H. Lou	Respond to of 27968

JK, Firmada has a $12 million line of credit with Bristol Asset Management in Los Angeles. Go back and read the news release dated February 24. I am a believer - notice Ira's emphasis on shareholder value. Regards, Kit

To: JK who wrote (10468)	4/3/1998 3:06:00 PM
From: Omnichrome	Respond to of 27968

I'm sure FAMH has more than enough cash on hand to make the $1MM payment. The two deals are completely unrelated. Myriad in all probability will close by Wednesday next. Atrix timing is anyone's guess. Be careful out there.

To: JK who wrote (10468)	4/3/1998 3:27:00 PM
From: Gary Smith	Respond to of 27968

Here's some due dilly. The $1m to the IRS is part of a $4m purchase price. It is possible that things are rosier if the merged co. gets to keep the $1.6m in cash ATXI is sitting on and, in addition, gets the $3m for selling the ATXI business. But Ira did not clarify that. If that't true then: NEW CO............. .36 EPS + JUST ANNOUNCED WORKER'S COMP BIZ .125 EPS ATXI PROCEEDS $4.6m ($3M price + $1.6m cash) .375 1 time shot EXTRA MYRIAD BIZ (6500 VS, 5500) .? 1 SMALL ACQUISITION IN MANHATTAN .? 2 ACQUISITION INTENDED .? PAYROLL FINANCING GROWTH .? ______ We are looking at, with no sweat, right on the table: <.60 eps> with substancial cash in the bank. Now, follow me on this, a market multiple of 25-30 for temp services--a hot sector--so let's use a conservative 25 and you get..... 25 X .60 eps = $15 And the kicker is it'll be easy. But, correct me where I'm wrong. Maybe someone could do some projections on those eps elements w/ a ? above and tease this out. How sweet it is.