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


To: Little Engine who wrote (20209)6/1/1998 6:22:00 PM
From: Dick Lee  Read Replies (2) | Respond to of 27968
 
LE. Thanks for your post. You used MDIX as an example of a company where the stock price does not move: DGIX.

Coupling what you quoted with what Jin posted earlier today, the scorig board looks like this:

MDIX: Net sales, $23.2 MM; Net Income, $(1.1MM); Total number of shares, 20.3MM; Float, 17.3MM, EPS, NA. Stock price, 40›.

FAMH (we believe): Net sales, $70MM; Net income, $5.6MM (I'm using Ira Monas' 8% number and understand what emotion that stirs up); Total number of shares, 70MM; Float, 26MM (is the latest number supplied by Arif Adam, I forget the exact number), EPS (estimated), 8‡. Stock price, 19›.

What's wrong with this picture? Looks like FAMH should be above 40› for a start (which is where it has been and management blunders have driven the price down).

LTBFV, Dick



To: Little Engine who wrote (20209)6/1/1998 6:30:00 PM
From: Steve1  Respond to of 27968
 
As long as your'e throwing numbers around, look up Microsoft, MSFT

Steve

PS point being at this point in FAMH, shares are meaningless.



To: Little Engine who wrote (20209)6/1/1998 6:44:00 PM
From: JIN CHUN  Read Replies (1) | Respond to of 27968
 
LE, thank you, you actually go beyond your call of duty(and for $80 at that) in proving my point on the hypster's thread.
Revenues aren't everything. , your right, the income means everything, and that is what we(oops), I along with others who own stock still are waiting to verify. What kind of a hoky statement is that? Yeah, the OS is a problem, STILL the valuations at the very least show how much upside the company has. What kind of a determining factor is outstanding share count and float in picking investments when used in isolation?(a favorite tactic of yours by the way). All of the main stream valuations, PE, price to sales, price to income, etc use the share count, only in determining the per share data. If you are so hot on using OS alone, I suggest you pickup a boatload of ATXI, don't look at their income or their business model, just look at the OS and you should do well.
TELL ME HOW THE VALUATIONS THAT YOU ARE TRYING TO PICK APART ARE WRONG! I'M WAITING FOR ANOTHER PATHETIC RESPONSE
In fact, I hope that people read my original post and reread your's over and over again to see how you operate.
exchange2000.com
HIR has the lowest PE of the group and it's 9.8. The average ratio of market cap to income(this takes all the os into account by the way) is close to 40 and almost 20 times what the stock price is at now(forward). If you want, I'll do the whole sector with even larger companies because the numbers come up even better on FAMH's side.
Start your own thread, "LE's stock picks using latest neural network models and chaos theory, never applied as the picks are determined on OS alone".
--was I correct that you have been in FAMH more than once? I'm guessing that I am. Lot's of time for a lousy $80. I think you sold out of INFE way too early. Nice prognostication.

Jin. waiting, because I will throw every piece of garbage you put out and put a nice ribbon on it.
*tap tap tap waiting waiting waiting*



To: Little Engine who wrote (20209)6/1/1998 10:53:00 PM
From: ElGator  Respond to of 27968
 
Your point regarding large float/stagnant stock price is well taken and accepted, however both examples, MDIX and DR, are operating at a loss. Despite that, both companies currently have a higher stock price by at least 100%. If we give management the benefit of the doubt, and that's an individual decision, and assume that FAMH is profitable to any meaningful extent, that puts it in a entirely different category all together. It's a pretty sad commentary on the state of affairs, but, at this point, I would be delighted to see FAMH at .40 or .50.

Assuming the business is fundamentally sound, and I know it is at least real, the only way I see to deal with the float issue is with a reverse. If this is done properly, as an integral part of obtaining a listing, it can turn out well for all concerned; many companies have had to do this and have done it successfully.

Right now it's just a waiting game, patience. For whatever reason, they blew it; though seem to be doing all the right things to create some real value. Most of us are probably sitting on nice losses now, though, for me at least, the potential up-side is sufficiently attractive that I'll continue to hold the position until something develops. In fact, given the risk/reward here, if it falls any further I'll add within reason. If the company is anything near what they say it is, we should do pretty well. If not, well, they fooled me; that's the risk you take on the BB. All they really have to do is come out with something meaningful to restore credibility, and the price will begin to recover. In the meantime, we kick ourselves for not having sold in the 60's and wait....



To: Little Engine who wrote (20209)6/2/1998 10:26:00 AM
From: majormember  Respond to of 27968
 
<<More interesting comparisons for the staffing industry>>
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
L.E.,

Just back for a look and to my great SURPRISE, I see GOOD
DD posted by you (first time)...well I guess there is a Santa
Claus, after all...

Cheers,
Skane