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

To: Dave Gore who wrote (21184)	6/25/1998 5:03:00 AM
From: TraderGreg	Read Replies (1) \| Respond to of 27968

Not trying to take sides in this, but as I posted earlier, if FAMH's numbers are validated, their earnings of .10 in '97 would be impressive. Now, if we further dilute the .10 to say .03 to reflect current share levels, that would still be a single digit P/E. Moreover, the dilution above did include acquisitions that have earnings, so the P/E would be even lower...if all of this can be verified. I think LE's point is that there are other BB stocks that can match FAMH's performance. You shouldn't just look at price of the stock, look at the P/E.(Remember, outstanding shares have a bit of impact on price)..LOCH is trading at under a dime and has close to 3 cents EPS, but has like 100+million shares out. SETO is trading aound .90 and has earnings projected at 13 to 15 cents per share. We can go on and on like this. The point is IF FAMH's numbers are right AND they are not due to some kind of "one time" windfall, THEN it is highly undervalued. Otherwise, it is just in the middle of the pack with all the other BB stocks. Until we get actual re-audited FY97 and 1st Q FY98 numbers, this is all just speculation on all our parts. TG