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

To: JOEY who wrote (11228)	4/8/1998 2:50:00 PM
From: JIN CHUN	Read Replies (2) \| Respond to of 27968

Jake, here's the third, just picked up on REUTERS: Atrix , Firamada sign letter of intent April 8, 1998 02:06 PM MINNEAPOLIS, April 8 (Reuters) - Atrix International Inc. said Wednesday it signed a letter of intent to work toward a merger with Firamada Inc. . Under the terms of the letter, the two companies have until April 30, 1998 to reach a definitive agreement. In a statement, Atrix said if a merger were approved, Firamada shares would be exchanged for newly issued shares of Atrix. Following a merger, Firamada would constitute a majority of the directors, the release said. Atrix said last month that Firamada had acquired five percent of its shares. Atrix makes remote metering and production monitoring hardware for the copy control and plastic injection molding industries. Its shares were unchanged at 2-7/16. Firamada's stock was up $0.02 at $0.60. ((--Chicago Equities News at 312 408 8787, chicago.equities.newsroom@reuters.com)) REUTERS