SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: Terry Lyon who wrote (23209)8/20/1998 9:33:00 AM
From: M. Murray  Read Replies (1) | Respond to of 27968
 
Looks like alot of people are heading for the exit 85,700 shares traded already mostly sells....
MM



To: Terry Lyon who wrote (23209)8/20/1998 12:10:00 PM
From: Lurker  Read Replies (1) | Respond to of 27968
 
<<What about FAMH as a takeover candidate? Maybe Arif plans to sell out as he has
controlling shares. This could be good to shareholders. FAMH could be bought for
$50M at about $0.70 per share. This is still a very hot sector and one that might be
expected to continue in an economic down turn. >>

It wouldn't surprise me. It would be the perfect endgame. Since Arif owns 38+ million shares, he would get about $4 million at .10/share.

At 6% interest, he could live off just that $240,000/year (if he got a night watchman's job to supplement his income).

Lurker