To: Mel Viticus who wrote (22699 ) 8/4/1998 8:37:00 PM From: dave brown Read Replies (1) | Respond to of 27968
Mel, Read my questions again, I am asking for your opinion on why FAMH chooses to do certain things. I know you have no control. I have said in the past that I have never done any, what you call, DD. DD to me is going to a stock guide to lookup current assets or something, or requesting an S & P report on a company from my broker. I have never called a company to ask when the CEO was going to give back shares or when they were going to release 2 year old financials. I may still buy, I said before I would never buy out of frustration over the IMO worthless press release. I am a manager, if you asked me for how many hours overtime my department worked in any given month, I could tell you in a minute, the same for labor efficiency, capacity utilization, etc. If new management released tomorrow that 2nd quarter revenues were $46 million, no one would care about 1996 or 1997. The company would still have to address those issues, but everyone wouldn't be sitting on the edge of their seat waiting to hear 1996 financials. IN YOUR OPINION, do you think you will be satisfied on 9/15(?) when you hear the state of the company from 8 1/2 months ago? New management can restore investor confidence and line up new investors with one press release backing up their comment about "continuing to be profitable" with recent black and white numbers. The FACT that they make this boast, but back it up with nothing says to me that they are no better than previous management. Although I may be a minority on this thread, based on the current share price, I would say I'm with the majority in the marketplace.