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


To: Double Dipper who wrote (20680)6/10/1998 5:47:00 PM
From: JIN CHUN  Read Replies (1) | Respond to of 27968
 
Kevin, I have no idea. In fact it kind of took me off guard. I've been checking the price over the phone while doing other things, then I check again and I almost took my hands off the wheel and drove off the road. I don't know if that's sad or funny considering where the price used to be. However, I agree with someone who said that this price and time with the company is more comfortable than back in October. I realize all of the mistakes that were made, and have talked to others who are mighty pissed about them, as they should be. At the same time, it appears that they are making the right steps, and if anything, they aren't putting out those press releases of old("abominations" as Anna Love referred to them).

Jin.
If anyone is interested in an FAMH meeting in beantown next week over good Irish beer or coffee, send me a PM.



To: Double Dipper who wrote (20680)6/10/1998 5:57:00 PM
From: Leroyt  Read Replies (1) | Respond to of 27968
 
Kevin, I agree with Jin. Doesn't make sense but if the TV show is on tomorrow may have something to do with that. Largely, surprised at the size of the move given the relatively small volume. Luckily, I bought a few shares this morning before the move. Tried yesterday at 0.18 or 0.19 but missed. Truthfully, thought I would have much more time to purchase around 0.20. Still looking for verification and plans on what will happen with the outstanding shares.

FAMH appears more together than anytime in the past but I wish the outstanding share count was only 30 million up from 24 million at the end of 1997 (or supposedly so).

Unfortunately, too much of the information with this stock as proved to be illusion. It is a real company but what do we know about:
1. earnings (gross). To me, 1997 after-tax earnings seem too high considering the total revenues.
2. public information on Myriad is "not accurate" according to the present accounting firm.
3. Share count. When and where? Maybe the share count was 50 mill at the end of 1997. Who knows?
4. Who's really in control?

Nevertheless, I DO think this company is PROBABLY greatly undervalued!! That's why I have purchased shares.

later, leroyt