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: Little Engine who wrote (16932)	5/12/1998 12:04:00 AM
From: JIN CHUN	Read Replies (1) \| Respond to of 27968

Did I say that they were exactly the same? ACSY made a little more in the first quarter than the financing division alone for FAMH, yet they are trading at a market capitalization of 173MM!!! ACSY has 10.282MM shares, and if you take the trailing earnings of 1.2MM and apply it to the current stock price,THEY ARE TRADING AT A PE OF 144!!!!!!!!!!!!!!!!!!!!!!!!! They have a NASDAQ listing, I'll give you that, but only that. Apply the same PE as ACSY to the trailing earnings of FAMH even on 50MM shares you get a share price of over $6. Apply that same ratio to the very conservative eps for 1998 of .20 and you get $28. So what's your point? Chopping margins by acquiring failing companies? Where have you been? Are you going to sit here and tell anyone that acquiring a company with smaller margin but with 10 times your revenue and twice your annual income is a bad business move? Bring it on!! I'm waiting. Jin.