Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Brad who wrote (14207)	4/28/1998 6:07:00 PM
From: Redhead	Read Replies (3) \| Respond to of 27968

Brad, As usual, good work!!! I guess I am wondering with some of the others, why is this stock not going up with all the news???? Would appreciate your input into the subject.... thanks Redhead

To: Brad who wrote (14207)	4/28/1998 6:20:00 PM
From: TraderGreg	Read Replies (1) \| Respond to of 27968

OK, Brad, 'fess up, you're a labor analyst for Solomon Smith Barney, right? Excellent, excellent analysis. TG

To: Brad who wrote (14207)	4/28/1998 6:32:00 PM
From: Warthog	Read Replies (3) \| Respond to of 27968

EPS - estimate. Very Good Brad, a detailed report. I only disagree with 2 items, Morton Downy Show and the PE. I dont think the MD show will be around for a full year, I expect it to be canceled or dropped after about 2 months. (I am not a MD fan nor do I know any) Therefore that revenue source might only be about 2 - 3 million. I dont think the PE will be 30 in a year. I think it will be in the neighborhood of 15-20. I dont think the institutional investors will be interested until FAMH reports for at least 4 to 6 quarters. Using these factors, total revenues of about 14 million, minus about 6 million in taxes, leaves 8 million profit. I think the number of shares will be about 60 million or about 12 cents EPS. Stock price of about 1.80 to 2.40. From 50 cents to 1.80 in a year is not a bad return. MOO collin

To: Brad who wrote (14207)	4/28/1998 6:40:00 PM
From: Jim Spitz	Read Replies (2) \| Respond to of 27968

Excellent work Brad! I really like your conservative approach! It allows for pluses and minuses to balance out! Brad, I'm going to have to call you Dr. Crunch because you sure know how to crunch the numbers. Stay in the Black! jimS at my desk with my beachsocks on.

To: Brad who wrote (14207)	4/28/1998 7:17:00 PM
From: Mark[ox5]	Read Replies (3) \| Respond to of 27968

Brad! Thanks..great work. If I did those same numbers myself I would only raise 3 points. You are doing it very conservatively but that is good, because I do the same thing. Errr conservatively and anything above is icing. 3 points- 1 PRO, 2 CON PRO 1) 75M shares is a lot.. yes I know 51M is a lot too, but another 24M from here? I think Ira would be hanging a noose around his neck (and chase away investors) if he went that far. So I would assume less than 75M shares but those are conservative #'s so I understand. <Therefore I would INCREASE your EPS estimate> CON 2) SUMMARY of PRE-TAX PROFITS: $ 595,000..................FIRAMADA'S ORIGINAL 5 OFFICES $2,511,000................MYRIAD $ 448,000..................NEW OFFICES & 3 SMALL ACQUISITIONS $3,325,000................IT DIVISION PHOENIX $1,750,000................WORKMAN'S COMP INS PROCESSING $12,500,000..............MORTON DOWNEY JR TALK SHOW TOTAL $ 21,129,000 in Pre-Tax Profits It worries me that 59% of Pre Tax Profits are from the Morton Downey Show. Obviously if MD is a hit, this is a brilliant move (and I think MD will be a hit... until some huge backlash happens against trash TV, but that is neither here or there). My point is with 60% of the Revenue based on the TV show and 40% based on business... by buying Firamada you are basically making a bet on Morton Downey show, know what I mean? Its almost like buying shares in a TV show, with a temporary firm added on as a bonus. Like I said... I expect MD to be a hit, but 60% of your revenue structure is based on a TV show which could go POOF or cancelled anyday. Just a point of concern and would be happy to listen to any comments. 2) IMHO you will never get a 30 PE on THIS exchange. No way. This is not an investor's exchange. This is just my opinion of course, but I seriously doubt it. On the otherhand, I do believe FAMH could get a 30-40 PE on the NASDAQ (with 2 or 3 Q's of continues demonstrated growth). Other than that, thank you for an awesome analysis. Just wanted to add my 2 cents. I will be interested to watch next week at the price! If it goes back to .60 I will see if there is profit taking at that point, or not. If I had some free cash would buy a few thousand shares here to slip under my pillow and look at in 2 years. (kind of scary to think I bought my 1st shares in Novemeber at .40--now back at .47) Aye carumba Mark

To: Brad who wrote (14207)	4/28/1998 7:44:00 PM
From: Little Engine	Read Replies (1) \| Respond to of 27968

Brad, there is one HUGE flaw with your projections... That is, they are based on other projections. Specifically, projections coming from FAMH. I don't think you can cite one earnings or revenue projection they have made that has actually come true. Plenty have fallen short, however. Example: Miami office opening in November (is it open yet? does anyone know?), projected earnings of 21 cents for 1997, projected earnings of nine cents for 4th quarter 1997, projections of Myriad closing on Feb. 1 adding to earnings, projections of income from selling off ATXI assets... Company projections have been awful. I expect the current projections to be as bad as the former ones. Wildly optimistic, the same as their press releases. P.S. What are the costs of all these acquisitions going to do to earnings? I don't see them figured here.

To: Brad who wrote (14207)	4/28/1998 9:31:00 PM
From: Sigmund	Read Replies (1) \| Respond to of 27968

If Morton Downey show is so profitable why bother with anything else? If Myriad is so profitable, how did it work itself into receivership with the IRS or whatever that status was?

To: Brad who wrote (14207)	4/29/1998 6:30:00 AM
From: Dennis W.	Respond to of 27968

Brad...GREAT WORK!!! Thank you for all your terrific work and DD. When the financials come out the end of this week or next Monday or Tuesday. I sure FAMH will start to climb and we will not see these levels again! We will probably see some movement Thursday and Friday on anticipation of the numbers. As we move onward and upward I believe that IRA has more plans in the works to add revenues by acquiring additional companies. When that happens I believe that the end results can and will be better than what you have projected. So I am looking forward to a GREAT 1998 and a TERRIFIC 1999 for FAMH and the FAMHily. Again, thanks for the hard work. THE PROOF IS IN THE PUDDING...(THIS BATCH IS ALMOST DONE!!!) DENNIS W