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


To: Jamessmith who wrote (16364)5/9/1998 9:26:00 PM
From: Anthony Darmanin  Read Replies (1) | Respond to of 27968
 
James
Thank you for posting the Undervalued Dog info. It's certainly helpful to me and helped clear up why Ira was not allowed to include the 10k in the last press release before the SEC releases it on Edgar.
I'm still long on this infant company and believe that patient investors will be handsomely rewarded. Ira, pay attention to business not to the losers and whiners on this thread, soon we will see your hard work pay off. Patience and perseverance is where it's at.
Tony.



To: Jamessmith who wrote (16364)5/9/1998 10:40:00 PM
From: Little Engine  Read Replies (1) | Respond to of 27968
 
The "Undervalued Dog" still has no clue...

<<<<Regarding FAMH, we collects information from those who are working for the company and made an estimation. We made a mistake in the previous follow-up for FAMH. FAMH has 50 M outstanding shares now, but we used 24 M shares (97' number) in our system. Thus, the book value should be about 0.46/share, including several acquisitions. >>>>

"We collects information?" We be in trouble if we collects our stock picks from them.

They say they used 24MM shares... why? The Dog's previous release said that FAMH had 50MM shares. Why didn't they use their own figure? Awfully shoddy.

They restate the book value to .46/share "including several acquistions". Yet they said in their last FAMH pumping that they had not included the acquisitions in figuring the book value. Which is it?

Okay, let's do the math.... 50MM shares times .46/share.... would mean that book value is based on assets of over $23 million!

Even the fake balance sheet doesn't come close to claiming this. I suppose some idiot will now claim that Myriad added $15 million in assets to the balance sheet somehow. Sure, and the audit came out March 1.

I've e-mailed the "Dog" asking who made up their "team of analysts" that cannot even count shares or calculate book value.

They refused to say unless I sent them money.

Be REAL careful when dealing with these anonymous goofs. Sounds like they have a bunch of shares they want to sell.



To: Jamessmith who wrote (16364)5/10/1998 1:23:00 AM
From: John Fairbanks  Read Replies (2) | Respond to of 27968
 
The "undervalued dog" obviously doesn't have a clue as to why people
are really selling. They also don't even seem to know the number of
shares outstanding since they quoted it at 50MM... but whats 3MM between
friends.... of course that number is a week or so old so who knows.

I agree with them that the stock is undervalued. I also understand
that being undervalued doesn't mean squat if the company has lost
investor confidence.

Maybe I'll be proven wrong. I really don't think there is much more
downside to this... I think it could go into the mid 30s but I don't
see it dropping farther. In that respect I think it's a fairly safe
investment but I don't expect it to go up much any time soon.

Good luck all, I hope I'm wrong. I could just kill myself... I just
realized I'm sounding more like Little Engine every day. Sigh.