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


To: STEELER FAN who wrote (10658)4/5/1998 3:16:00 PM
From: Jamer  Respond to of 27968
 
Yeh, most people running a business usually have time for a round of golf and a 3 hour CC. Come on man!! We should be happy that Ira is keeping us up to date on everything that is happening.



To: STEELER FAN who wrote (10658)4/6/1998 1:50:00 AM
From: JIN CHUN  Respond to of 27968
 
Steeler Fan: tell your steelers to quit beating up on the BenGALs :-).
Personally, I think that there should be some perspective added to see the forest for the trees. The Myriad acquisition was only announce 3 months or so ago, and will be rapped up this week. To me, that's pretty amazing considering the transaction. Not only that, it allows a great synergy for Firamada's core business to expand (Workman's comp for example). I have personally seen many acquisitions announced that haven't gone through at all, or very late. The ones that tend to go faster in comparison are those I have seen where Microsoft just goes in with a team of lawyers and tons of cash to buy the company, the building, the technology, and everything but the airspace above it. The problem with Myriad being held up, from what I have been told, has strictly been with the IRS. I'm sure Ira's has been feeling impatient as well since he moved in directly to negotiate and told his lawyers to watch by the sidelines.

Regarding the conference calls, my take is this: they aren't obligated to have any. I think that one would be hard pressed to find a company at this stage and on this exchange that has made similar efforts to keep shareholders informed. Once the move to the bigger market is complete, they will have to file the necessary paperwork, and the questions that everyone has will be easily answered at edgaronline. In a little over 4 months, this stock has steadily appreciated by over 300 percent, without the BAAT up and down the day is over movement.

Jin.