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


To: JIN CHUN who wrote (20132)5/31/1998 8:08:00 PM
From: Lonnie A.  Respond to of 27968
 
Jin, Thanks for taking the time to keep us informed. Have a good evening.

Sincerely,

Lonnie



To: JIN CHUN who wrote (20132)5/31/1998 8:27:00 PM
From: Laz  Respond to of 27968
 
JIN:

Excelent post. I have to congratulate you once again on the superb DD you have provided this thread with your posting. If we have any gains on monday you get 100% credit for it from me.

I've been lurking as of late, my time to do DD has been zero. I thank you for giving us a snapshot of what is in the immediate future for our investment.

Laz



To: JIN CHUN who wrote (20132)5/31/1998 8:40:00 PM
From: M. Murray  Respond to of 27968
 
Jin,
Well stated!!! LE keeps gracing us with his knowledge and stating facts like "simply put this is just another BB stock" My question to him is "why do you bother? Is your busy day that uneventful that you feel the need to inform all of us novice investors what a bad decision we have made? Or are you the guardian angel of the FAMH board? LE I have many other investments besides FAMH, many of which in the beginning had similar chain of events that FAMH is experiencing. Bottom line is like JIN said "You don't know any more than we do, you just pretend to know. LE empty barrels make the most noise, I for one have no need for your advice, input, or strategic methods to proper investing. You are the most pessimistic person I have ever come across, so please do us all a favor and find some other thread to post your negative comments. REMEMBER there are alot of people here who have a substantial amount of money invested in this company and your negative, speculative at best comments are not welcome, at least by me. The purpose of these interactive boards are to discuss the future of the company that the thread pertains to. You offer very little positive info and I for one find you very annoying.

JIN thank you for posting that very interesting conversation you had with Mr. Malinoff. I found it very informative!!!

MM



To: JIN CHUN who wrote (20132)5/31/1998 8:48:00 PM
From: carolm  Respond to of 27968
 
Thank you very much, Jin.

I would like to recommend the article in the Sunday NY Times business section. It is on the correlation of CEO ability to increase the shareholder value with their golf handicap. The conclusion is that the CEO's that have done the best job of increasing shareholder value are the very best golfers.



To: JIN CHUN who wrote (20132)5/31/1998 10:20:00 PM
From: Double Dipper  Read Replies (2) | Respond to of 27968
 
Jin,

<The ship has been righted, and the internal machinations of the
company are in line with what they should have been doing all along: acting like the
$70MM+ company that they are. >

One phone conversation and your saying the ship has been righted!

Get Real!!! Nothing, Nothing at all has been righted. What we have here is a phone call with presumably good intentions - but nothing has been righted yet. I consider you a friend but WILL NOT allow you to post this kind of DD and declare everything honky dory. Wrong answer.
This company has a lot of correcting to do and so far all they have done is made their intentions known that they plan to set their feet on the right path. They need to walk a mile down that road before I will believe anything coming from this company. I advise all like minded shareholders to continue to hold FAMH management accountable for their prior actions.

Words of good intent are welcome but deeds and actions are what is needed Starting with release of 97 numbers. There telling you that they are going to go silent until things are done doesn't cut it. They need complete their previously announced actions.

John Fairbanks should be applauded for his letter to the SEC. This managment needs to know that investors are willing to hold their feet to the fire.

Kevin - STILL HOLDING.



To: JIN CHUN who wrote (20132)5/31/1998 10:45:00 PM
From: Terry Lyon  Respond to of 27968
 
Thanks for your post Jin. This sounds very encouraging and as always I'm still long FAMH and holding all my shares.



To: JIN CHUN who wrote (20132)5/31/1998 11:05:00 PM
From: dave brown  Read Replies (1) | Respond to of 27968
 
Jin,

You seem like a credible person and I have a question for which you might be able to get an answer. Do some DD about your pre-emptive rights as a shareholder, this is the right you have to maintain your % ownership in the company in the event they offer more shares (40,000,000 to 70,000,000). Just as I have read that Arif has issued shares to himself to maintain his 51% ownership, you have not had the opportunity to do the same. Is this some kind of violation or in this situation is it OK.



To: JIN CHUN who wrote (20132)5/31/1998 11:22:00 PM
From: Dick Lee  Respond to of 27968
 
Jin. Thanks for your great post. I read as much as I can on this board and it's time consuming. The naysayers will never be convinced and the "doubting Thomases" have been burned badly and are waiting for the results. In a way I cannot blame them, but they do not understand that there is a lot more going on here than meets the eye.

I know personally that the effort you have put in far exceeds the phone call that you have reported on between you and Randy Malinoff, and that there is good reason to believe that the ship is righted. There are also other efforts on-going which substantiate the indication that all is not lost.

The two Dave's are discussing why this stock is trading at 21›. I know the reasons have been discussed ad nauseum on this board and its old news. Ths fundemental issue is management credibility. I went out the window for a whole series of reasons that have been identified and discussed before.

The critical question is, "Are there events taking place and decisions being made that would indicate that management is starting to do things right?" It sure looks like it.

I like what I am seeing and hearing. Unlike the two Dave's I believe we have seen the bottom and while I can understand that Kevin Walsh wants to see more evidence, it looks the foundation is being prepared the correct way, fianlly, and we will start to see an uptick in the value of our company.

Plan to call Randy Malinoff myself tomorrow.

LTBFV, Dick



To: JIN CHUN who wrote (20132)5/31/1998 11:52:00 PM
From: Victor Lazlo  Respond to of 27968
 
Thanks Jin, for the excellent news.

Victor



To: JIN CHUN who wrote (20132)6/1/1998 12:35:00 AM
From: Little Engine  Read Replies (2) | Respond to of 27968
 
Jin, you used to have "excellent conversations" with Ira Monas.

So what?

Randy Malinoff has had this position for a week and a half! Do I think he even knows all the FAMH problems yet? No.

I will judge him on what he does, not what he says. Too many people, including yourself, judged Ira Monas on what he said, while he did otherwise. I trust those days are over.

I don't trust what the officers of disreputable companies have to say. If their audit firm didn't change every other week, I might call them.

Would I expect any response from Malinoff other than "the company is doing great?" Why not ask Bill Clinton how the country is doing while you are at it. Did you ask him what sort of stock options he has, and when they expire? Might cloud his evaluation just a little bit.

Your distrust for what Firamada management has done in the past leads you to speak to... Firamada management. Now everything is fine?

Face it, FAMH has been the "beauty shop loudmouths," spewing "facts" (some of which I just noted by reviewing press releases) that were patently untrue. The Weekly World News has become more dependable than FAMH press releases.

You want me to fix this company or something? Not my job.

I was told I was "ridiculous" a couple months ago, when I posted that I expected the share price to be .35 by the end of June. Doesn't look so ridiculous now, does it?

Save your vitriol for pump and dumpers like Brad and Cheryl.



To: JIN CHUN who wrote (20132)6/1/1998 10:30:00 AM
From: myelin2  Respond to of 27968
 
Jin, thank you - i think this is the start of a tournaround in stock price

just because of confidence regrowth.

The future expectations influence the stock price not the past.
Nobody knows how long it will take until we reach a fair value again but i don't like to loose this great chance and stay in. I saw BB stocks rebounce in a few hours of trade - so be careful outstanders not to miss!

Manfred



To: JIN CHUN who wrote (20132)6/1/1998 10:50:00 AM
From: Forest Gump  Read Replies (1) | Respond to of 27968
 
Should I get a manicure while I am at it?

Thanks JIN....