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

To: Jane4IceCream who wrote (12748)	4/18/1998 12:49:00 AM
From: dexx	Read Replies (1) \| Respond to of 27968

Good Night Jane... Dexx

To: Jane4IceCream who wrote (12748)	4/18/1998 1:10:00 AM
From: Yoccm	Respond to of 27968

Their has been discussion of stock price based on p/e multiples of the 10.085 cents earning from '97. The dilution to 46 mil shares is in the '98 earnings of which we already have first quarter on the books. Won't a multiple more likely be based on first quarter earnings and anticipated earnings for the rest of the year '98. Maybe more like 36 cents a share or more x 25. I think 97 earnings will only confirm 10.085 cents and average shares outstanding as 20 mil. 98 will include greater dilution but much increased earnings. With the credibility of the Mirad deal and the financial report substantiating '97 earnings the market will probably value the stock on anticipated earnings '98. What do ya think---------$$$$$$$$$