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


To: dave brown who wrote (21576)7/7/1998 2:46:00 PM
From: Nutty Buddy  Read Replies (1) | Respond to of 27968
 
>>How can current management say we are profitable and have been profitable, but give no black and white numbers to back up the comment? Isn't this the same thing previous management did?<<

Exactly! Still no substance in the press releases, just political spin. Firamada is giving shareholders the only news they can spin positively while buying more time...classic BB bull. "Profitable" is a broad word and really doesn't give us squat.

The proof is in the stock price. Investors don't buy it, and Firamada management won't back it. Why doesn't the company support the stock price by buying back a good chunk of the float with these profits? This, to me, is troubling.

Buddy
(looking back at the crest of the waterfall, paddling as hard as I can. Still drifting backwards. Somebody, throw me a rope, quick!)



To: dave brown who wrote (21576)7/7/1998 2:48:00 PM
From: Brad  Read Replies (3) | Respond to of 27968
 
Dave Brown, They can know that the company is profitable without knowing "exactly how much." And they probably don't want to give numbers until they are audited.

That was one of Ira's problems... he talked too soon and didn't provide the "proof" fast enough.

Best wishes,
Brad