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

To: myelin2 who wrote (21527)	7/5/1998 12:51:00 PM
From: Lurker	Respond to of 27968

<<This situation makes FAMH shares very attractive to cover now because new management will turn it around in a hot industry.>> In the long run this is a growth industry due to the changing dynamics of the workplace. However, in the short run, these agencies are hurting. The worker pool is very small right now. The agency I work for is very desparate for workers. I simply wait wait until they double their initial offer to take an assignment. They get no profit margin, but the client is happy. I was able to work 100 hrs/weeek last year and sock away $50,000 into the stock market. This spring a number of us told that company that was it. From now on we are only working 40 hours/week. We are burned out. Our company stopped taking new clients a couple of months ago. Olstens Staffing agency has recently closed dozens of offices due to lack of workers. I'm sure this is just cyclical. However, now is not the time sick companies (like FAMH) get well. This is the time that well companies use their reserves and sick companies die. Lurker (Enjoying a normal, albeit lower budgeted, life.)