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

To: Lurker who wrote (15601)5/7/1998 12:20:00 PM
From: JIN CHUN  Read Replies (1) | Respond to of 27968
 
Lurker, you are absolutely correct, and it has already been stated a Myriad number of times on this thread. The net profit margin for '97 according to the company was 4 percent. Ira has already stated that through cost cutting measures, that margin would increase. Their annual pace currently is 88MM, which even at 4 percent gives an annual net of about 3.5MM. What point am I missing?

Jin.


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