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

To: Cat-fan who wrote (10724)	4/6/1998 1:38:00 AM
From: JIN CHUN	Respond to of 27968

Cat fan: who ever said that anyone told anyone that they were an idiot for not betting the ranch? Am I a cheerleader? Yes! I've done my DD. I've ran the screens on the sector. Current PE's for the industry from the database I use puts the average at 48.4. I also got in wayyyy below .66 and I'm still here, with a larger position than when Cheryl started this thread. I agree that there are many intangibles with this company. It is currently (albeit hopefully soon it won't be) an OTC-BB stock. Everyone needs to do their own due diligence. If anyone who cheerleads this stock and posts something completely outrageous I would suspect there would be some kind of response with factual information that would betray it's "outrageousness". Everyone needs to find their own comfort level. I actually think that the "smartest" money got in at .09. Unfortunately, I wasn't smart enough to get in that low. Regarding the market, in general the end of the week is the weakest, and Monday very strong. I've read that most stocks tend to go through this same psychology. Wednesday for FAMH might be strongest since everyone waits for the buildup on the conference calls. I don't know. As a clarification, Myriad leases employees, something completely different from temp staffing and placements. They relieve the smaller business' many pains and discomforts by "hiring" them on paper. They handle the administrative tasks of payroll, regulation compliance, etc. The industry margin for this type of company runs on average around the low of 2 percent to around 5 or 6 percent. Myriad's 1997 numbers were in line with a net margin of 4 percent, which is typical for this type of business. I personally do not know why Myriad's management got into so much trouble with the IRS. It may be serious mismanagement, which I think will be rectified once they are under Firamada and Ira's control. Also, as the labor market's tighten, more business is sent to the staffing agencies. It becomes prohibitively harder for the HR departments of many companies to find the qualified people. The staffing agencies such as Firamada come in to relieve that burden, for which they receive a premium. Recent polls I found off of Cnet's website of the top CEO's in the country found that an overwhelming majority had stated the intention to make outsourcing and placements and temping as a permanent fixture among their HR departments. By the way, if anyone thinks this stock is a dog, IMO, they shouldn't buy into it. I do think it's a dog, of the pitbull variety Jin. cheerleadin again.

To: Cat-fan who wrote (10724)	4/6/1998 9:27:00 AM
From: John Fairbanks	Read Replies (1) \| Respond to of 27968

Oh my! My life has never been the same since I found FAMH! It is the greatest stock in the whole world and will be over $50 by year's end (notice no supporting evidence). In fact, my astrologer says that FAMH is going to make me millions! (Or stupid supporting evidence) I heard that Ira was once the President of the United States or some other equally important company that used to make little plastic hair pieces SO FAMH IS GOING TO FLY!!!! THIS is what you call senseless cheerleading. You know, I haven't seen any of this kind of stupid drivel for a long time. I see a bunch of people seriously trying to analyze the stock. Why is it that any time people like a stock, no matter how well founded their reasons, that somebody has to come label them as "cheerleaders"? It is insulting. Why is it that every time someone comes around bashing a stock without providing any more info to back it up than I have in the top part of this message that they are "realists"? Give me a break! It always seems to be people who are new to the thread who should probably be taking time to learn what's going on before they come in acting like God's gift to SI. By the way, I have no problem with daytrading... I do it a lot and have done it with this stock. I have researched this company enough to know that I am content with my investment though and I can let it ride if I want.