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

To: dave brown who wrote (21165)	6/24/1998 6:28:00 PM
From: M Murphey	Read Replies (1) \| Respond to of 27968

Dave, I noticed that your investment style is canselim, is that like walk them down into the cellar? Sorry to interrupt, Dave Gore will be more fun in a fight. MM

To: dave brown who wrote (21165)	6/24/1998 11:55:00 PM
From: Dave Gore	Read Replies (1) \| Respond to of 27968

DB, I never fall in love with any stock...I have been trading for 22 years. I learned to NOT fall in love 21.5 years ago The deal is this....your post bothered me because it misses the essential point that FAMH is ridiculously undervalued based on revenue or earnings, even if they end up LOSING some money last year, which apparently you don't even think they will do. You think worst case scenario is ONE CENT PER SHARE POSITIVE EARNINGS, right? That's my point. Forget the old management just for a second or any projections....let's say you were trying to find companies that earned between 1 and 10 cents per share priced under 23 cents or even 70 cents. I am totally confident that LITTLE ENGINE'S list of stocks does NOT include but a few companies that earned 1 cent per share and NONE, ABSOLUTELY NONE that earned 10 cents per share. Notice he did not state earnings per share or PE of those companies he mentioned PE is the basis of all stock valuation and he did not supply that. How many would you find? And you think a stock should go DOWN from 23 cents if it "only earns 1 cent per share?" Are you kidding me? LOL! **** A CHALLENGE TO LITTLE ENGINE AND DAVE BROWN ***** Forgeting FAMH totally... if I could find 23 cent stocks with earnings per share of 1 cent...that's EARNINGS PER SHARE.... I would gladly do DD on each and every one.....so LITTLE ENGINE AND MR. BROWN...shoot me a list of companies priced at 23 cents with 1997 PE's of 1 cent per share, ok? and I will DD them this weekend and this week....DEAL? I will report back to the group so we can all consider buying them. DO you see my point? Pick out almost any NASDAQ stock on the big Nasdaq board that is priced under $2.00 and you will normally find they lost money last year...yes most $2.00 big board NASDAQ stocks lost money in 1997....more than half had NEGATIVE EARNINGS PER SHARE. MY POINT..... One cent per share is unusually good performance for a whole year period and 10 cents is absolutely phenomenol SEND ME YOUR LIST AND I WILL COMPLETELY DD THEM...I mean call the CEO, go to Edgar if they are reporting, etc. And FAMH is in an industry with terrific potential.....check out the PE on LABOR READY...I believe it is over 100. With earnings of 1 cent per share, should FAMH be trading at $1.00? or 50 cents? If earnings come in at 10 cents per share should it be trading at $10? or $5.00? or $2.00 (PE of 20). Check out the industry average of staffing firms....you will be surprised that most companies command a PE over 40 and many much higher. I am not in love with FAMH...they have much to prove, but you are setting up a ridiculous scenario of a stock haveing POSITIVE EARNINGS PER SHARE FOR A WHOLE YEAR PERIOD and DROPPING in price? geese, man...