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


To: Warthog who wrote (10674)4/5/1998 4:34:00 PM
From: CO  Read Replies (2) | Respond to of 27968
 
Collin,

<According to the CC, the number of leased employees grew by
30% to 6500 from 5000. Does this imply that that the 80M in
sales increased by 30% also to 104M?>

I believe that is a fair assumption that Myriad sales will be higher for 1998. But it would not change FAMH's .36 EPS for 1997. It would likely add to the 1998 EPS estimate.

Cheryl



To: Warthog who wrote (10674)4/5/1998 4:47:00 PM
From: Mark[ox5]  Read Replies (1) | Respond to of 27968
 
Colin, agree with Cheryl; those are 1998 #'s

Also remember Myriad is a VERY LOW Margin industry. It doesnt have margins anywhere near what Firamada temp business does.

This is why I want 1997 #'s out just because Im sick of waiting for them & sick of the moaning on the board for them, but to be bloody honest the 1997 numbers mean nothing at this point because FAMH 4 months into 1998 is a totally different company.

Myriad will add to the top line (revenues) but not as much to the bottom line (EPS). But a major advantage is it naturally opens a lot of potential doors for the temp side of the business.

Mark