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

To: Sigmund who wrote (22777)	8/10/1998 8:28:00 AM
From: PHarris	Read Replies (4) \| Respond to of 27968

Outstanding shares times share price=market cap. So, with 70 million O/S with price of .12, market cap is $8,400,000. 70 million shares with price of .80, market cap is $56,000,000. FAMH was quoted by management somewhere along the line that they were a $55 million company,hence .80 is about all it will be worth. Should they report $105 million earnings, with 70 million O/S, stock price goes to $1.50. So it seems to me .60 should be a good jumping off point as long as there are so many O/S. Anyone else sees it this way or am I totally off the mark? Priscilla