SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: VBH who wrote (10629)4/5/1998 11:01:00 AM
From: Warthog  Read Replies (2) | Respond to of 27968
 
<So it is still possible for a better than 1/4 split???>

I think that 4/1 reverse merger is not set in stone. I saw
a note yesterday where a merger that was suppose to take
place .8 shares to 1 actually took place at .7 to 1.

Also when Raytheon bought Hughes, the price involved stock
and the price at which Raytheon was trading at the date
of closing.

hope this helps.
collin



To: VBH who wrote (10629)4/5/1998 12:34:00 PM
From: Double Dipper  Respond to of 27968
 
VBH,

Regarding the reverse merger.

That answer is still up in the air under negotiation. But, consider
this, if the ratio should move from 1/4 to 1/3, and you traded to ATRIX ahead of schedule you would lose an immediate 25 percent gain, unless you made up that much on your independent trade to ATRIX. I honestly believe we might see a better than 1/4 split because of Atrix being worth less than the increasing value of FAMH. This is only
speculation because they have seen the books, and we haven't.
But, this conclusion is consistent with the information we are being provided. Take a look at BCfan and Brad's summary recaps of yesterday's CC. It mentions increasing business opportunities and higher margins.

That is an unbeatable formula for future company value.

Kevin