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

To: Brad who wrote (14180)	4/28/1998 3:35:00 PM
From: TrumpCards	Read Replies (1) \| Respond to of 27968

Here's an interesting article I got from the National Association of Temporary and Staffing Services. TEMPORARY HELP REACHES RECORD LEVELS IN STRONG ECONOMY (Alexandria, VA) -- Temporary help services reached unprecedented levels in 1997. Receipts grew 15.4 percent to $50.3 billion; employment expressed as average daily employment (ADE) rose 9.7 percent to 2,535,220; and payroll expanded by 19 percent to $37.4 billion in 1997 from the previous year. "The temporary help and staffing services industry provides workers with significant employment opportunities," said Richard A. Wahlquist, NATSS executive vice president, "and American businesses with the flexibility they need to compete in a worldwide economy. This has had an overall positive impact on the economy by helping companies better manage their staffing costs and operate more efficiently in a changing marketplace." Growth in the temporary help and staffing services industry in 1997 is attributable to several factors. Tight Labor Market: When business activity increases, there is greater demand for employees, both full-time and temporary, eventually leading to worker and skills shortages. This was the situation in 1997 and it is expected to continue in the foreseeable future. In this environment, companies face increased challenges in bringing on enough workers with the right skills. In response to this challenge, an increasing number of businesses have turned to staffing firms that have the expertise in recruiting, screening and training workers, thus enabling the business to meet their customers' growing demands. In addition to helping satisfy businesses' demand for supplemental help to augment their regular work force and to meet temporary skill shortages and labor shortfalls, staffing firms are also helping businesses fill permanent positions through a wide range of "temporary-to-full-time" arrangements. Changing Worker Attitudes: Rapid changes in the economy are changing the way workers view employment. They increasingly believe that traditional long-term job security with a single company is less certain and that employment security lies in having the right skills and knowing where to get those skills. Staffing firms provide an excellent option that meets these worker needs. People choose to work for staffing firms for a variety of reasons: 1) greater independence and a more secure career path, 2) the challenge of varied assignments 3) the opportunity to expand skills, 4) the availability of flexible work schedules, 5) a way to supplement income, and 6) exposure to different job options before committing to a permanent position. Expansion of staffing services beyond traditional temporary help: Another key growth factor is that staffing firms provide a far broader range of services than in the past. While continuing to build on traditional temporary help to meet fluctuating demand and providing expertise in labor and employment law compliance, staffing services are adding a new dimension -- that of providing complete service solutions. Businesses are turning to staffing services for a wide range of professional, managerial, and technical workers to perform highly skilled work on a project or ongoing basis. For example, a business seeking to modify its computer systems to be "year 2000 compliant," can retain a staffing firm with expertise in information technology to analyze the problem, assign the right employees to the project, and be accountable for its successful completion. Also growing rapidly are "managed services" ("outsourcing") arrangements in which a business contracts with the staffing firm not just to supplement its own work force but to take full operational responsibility for a specific function, such as operating a data processing center, mail room, or other discrete function. -end of release- note: An extensive discussion of the 1997 performance of temporary help services will be published in the Spring 1998 issue of NATSS's Contemporary Times magazine.

To: Brad who wrote (14180)	4/28/1998 3:38:00 PM
From: BradMan	Respond to of 27968

Didn't I remember someone that used to work for the IRS hanging around this thread? I wonder what her take on that little scenario would be? Long and waiting.

To: Brad who wrote (14180)	4/28/1998 3:38:00 PM
From: Terry D.	Read Replies (1) \| Respond to of 27968

Not a big acquisition today, but like the politician said, * a hundred million here and a hundred million there and we're talking big money.* Of course he was using our tax dollars. L We've got a winner on this one. Experienced management (seldom seen on a stock at this price) and long range business plan. Terry

To: Brad who wrote (14180)	4/28/1998 3:45:00 PM
From: M. Murray	Read Replies (1) \| Respond to of 27968

Brad, What type of an offshore account would this be? Do they have to sell from a brokerage firm here to one offshore? Seems to me that whoever made the sell for them from here could get into SEC hot water if they knew that they were selling the shares to the same person who bought them. Maybe offshore rules are different than here but if I were a broker I would steer clear of this kind of deal. Thanks for the info, MM

To: Brad who wrote (14180)	4/28/1998 3:45:00 PM
From: Forest Gump	Respond to of 27968

To bad it was a national holiday in the country of my offshore accounts. Interesting post Brad, thanks

To: Brad who wrote (14180)	4/28/1998 3:57:00 PM
From: Leroyt	Read Replies (2) \| Respond to of 27968

FYI: Shorting BB stocks I just spoke with someone in the OTC group of Nasdaq. 301-208-2802. I was told: 1. ANYONE can short a BB stock. 2. BB stocks are NOT marginable but they can still be shorted. 3. BB stocks can only be shorted through a margin account. Since they are not marginable they require 100% collateral. I asked if specific shares need to be borrowed. I was told that the broker only needs to conform to a rule called "Affirmative Determination." I was given an explanation that I didn't get the details on but, in general, shorted stock is NOT specific shares but is from a general pool of shares (as I understand). Hope that's useful for all those interested. later, leroyt