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 (20269)	6/2/1998 7:51:00 PM
From: Warthog	Read Replies (1) \| Respond to of 27968

<How can you fire Ira after performance like that?> Excuse me, I believe Ira had a medical condition with his heart. Do you have facts that indicate otherwise? collin

To: Little Engine who wrote (20269)	6/2/1998 9:35:00 PM
From: Jamessmith	Read Replies (1) \| Respond to of 27968

I won't post any more. I feel sad some MM's Internet representatives like Little Chicken have been so relentless to disseminate so much misinformation on this thread and some people believe they have some points. I feel it's time to sell. Unlike the bashers and MM's Internet representatives, I don't want to fool you, I just want to get some cheap shares. I know I am one of the newbies who believe FAMH has a lot of potential and still don't know how to make money from stock investment. In this game, some people are going to win and some people are going to lose. When we take a loss, market makers will gain the most Nobody here is wasting his/her time. We are making money one way or another. Wake up, folks! Investors make moeny by risking our hard earned moeny, while MM's Internet representatives make money by posting misleading information. One post may be worth $50-200. Of course, they need to do some "DD". But the intention is to confuse people! James

To: Little Engine who wrote (20269)	6/2/1998 10:29:00 PM
From: JustMy2Cents	Read Replies (2) \| Respond to of 27968

I totally agree on the calculation of net profits, however, to compare similar companies within an industry it is better to look at pretax margin. If you are investing in a particular company, of course you want to know the bottom line...net profit. Bernard Haldane Associates Inc. (symbol BHAL) has the highest pretax margin in the industry @ 28.47% (yes, I know, its not net profits), while the industry average is 4.244%. I will wait until the audited Financials are verified by "Corso and crew" and released to the public before I will decide the fate of my shares (No matter how long the wait). Regards,

To: Little Engine who wrote (20269)	6/2/1998 11:09:00 PM
From: Laz	Respond to of 27968

Well I had a brief but interesting exchange of IM with the former boss I do not stipulate the correctness of this info. . . . . I do not guarantee the correctness of this info or the source. . . . . . that being said...... here is the exchange as cut and posted mildly edited for language. IMonas: need someone to post from me they keep kicking me off lazhub: what would you like to convey? lazhub: i'll be happy to post it lazhub: You said Mr Adam went crazy isuuing shares... to keep 51%+? IMonas: thanks.....I WAS PUSHED OUT BY ARIF...NOT BECAUSE I WAS IN THE HOSPITAL!!! BECAUSE HE RENEGED ON COMPENSATION AND I BATTLED WITH HIM CONSTANTLY ABOUT ISSUING SHARES TO HIMSELF AND CORPS HE OWNS IMonas: HES TRYING TO PUT THE BLAME ON ME . IMonas: HES REFUSING TO EVEN PAY MY SEVERANCE . lazhub: what did the other shares go for? IMonas: HIS BANKACCOUNT IMonas: IM FILING AGAINST HIM AND FIRAMADA IN THE MORNING . . . IMonas: GOTTA GO lazhub: thanks Ira . IMonas: BYE lazhub: Thanks . . IMonas: i have the proof IMonas: documents . IMonas: there are many other problems lazhub: like ie..? IMonas: the company lost 20 million market cap since i left......whos the a****e him or me you figure it out . . The gaps you see are edits by myself. I cut the fat and my stupid questions. If you would like the full conv. PM me. Laz

To: Little Engine who wrote (20269)	6/3/1998 1:19:00 PM
From: JustMy2Cents	Read Replies (1) \| Respond to of 27968

Revisted your post #20269 Message 4694000 <<Cents: Net profits occur after taxes are subtracted. Net profit margin for SCBI: 6.8%. Please note that employee leasing (bulk of FAMH revenues for this year) generally carries a much lower net profit margin. I'm looking forward to the 1997 numbers, in which FAMH claims they had a 25% net profit margin ($2.2 MM net on $8.5 MM revenue), which may be the best any listed staffing company has done in history, assuming these come from recurring operations, which Ira stated, and no other company officer has disputed. How can you fire Ira after performance like that?>> Ira must have meant Gross Margin not Net profit margin. The industry average is 22.91%. The press release dated 5/8/98 (Business Wire) has the pro forma Income Statement for 1998-2003 you can calculate the NPM. (000's) 1998 1999 2000 2001 2002 2003 Sales 80,288 92,331 105,257 117,888 132,035 146,559 Net Income 4,861 4,808 6,598 8,227 9,618 11,106 Net Profit Margin 6.05% 5.21% 6.27% 6.98% 7.28% 7.58% Gross Profit Margin 13.88% 13.88% 14.64% 15.40% 15.48% 15.55% Regards,