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

To: Buckeye who wrote (15318)	5/6/1998 1:08:00 PM
From: JIN CHUN	Read Replies (1) \| Respond to of 27968

Buckeye, agreed, but I actually believe that the financials will be online shortly. This isn't directed at anyone in particular, and I realize the frustration on the thread, but it's starting to sound like a lynching(sp) mob. Jin.

To: Buckeye who wrote (15318)	5/6/1998 1:13:00 PM
From: OpenSea	Read Replies (1) \| Respond to of 27968

A few more weeks and FAMH's records will be fair game for the many shareholders on this thread (including myself) who have held for six months (the action got heavy in November.) Once again, Texas law requires that Firamada shows a 6 month shareholder the records upon demand, and I am prepared to exercise that right.

To: Buckeye who wrote (15318)	5/6/1998 5:07:00 PM
From: JOEY	Read Replies (2) \| Respond to of 27968

I HAD THIS PRIVATE MESSAGED TO ME AND FEEL IT CONTAINS A WELL THOUGHT OUT PERSPECTIVE OF FAMH. To: JAKE From: Greg Stuk Wednesday, May 6 1998 4:44PM ET Jake, I agree with you regarding the proposed exchange. In addition I would like to share some of my thoughts regarding this exchange. I have been accumulating shares of FAMH over the past months and currently hold a sizeable position (XXX,XXX sh). I have spoken to Ira on a number of occasions, an am confident in the future. One thing I have noticed concerning the trading of FAMH suggests that some of the market makers in FAMH may hold a sizeable short position, and appear to have been shorting the stock to prevent a runup of the price on news. A blatant example of this occurred on the Monday following the Myriad announcement. Also, in a number of instances as I was accumulating shares I saw no upward price movement and in some cases downward movement on my block purchases. I believe that the proposed 4:1 share exchange plus warrants, is designed to serve two purposes. First it will reduce the float and total outstanding shares by a factor of 4. (fully diluted share count including warrants, as used in eps calculations, reduced by a factor of 2). As I understand it, one warrant to purchase a share at 1.25 would be issued along with the new share of FAMH in exchange for 4 of the old shares. This would in effect call in all of the existing shares of Firmada. I believe that this would force any market makers holding a net short position to cover their position before the share redemption. I think that this is the second purpose for such an exchange, to eliminate the short position in Firmada, which I believe has been significant in preventing upside momentum. I think that this move along with the filing of the 97 financials and subsequent filing of 1st Q Financials should change dramatically the trading pattern for FAMH. I keep looking at FAMH as a value play; based on next year's projected earnings of about 10MM, this stock is trading at approximately 2X earnings in an industry that trades at 25X earnings. I think things will look very different by the end of this year, and those with patience such as yourself will be well rewarded. Sincerely, Greg P.S. please feel free to copy or paraphrase this on SI.