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


To: Mr. Jens Tingleff who wrote (23697)9/2/1998 1:56:00 PM
From: JIN CHUN  Read Replies (1) | Respond to of 27968
 
Additionally, I would like to add that for myself personally, and I think that others would agree, there isn't a whole lot of room on the downside left. FAMH, for all that has happened, especially for those that have been on this thread for the past year(the anniversary party will include very strong scotch and whiskey), at least appears to be on the right track. Their pace is probably not fast enough for anyone at this point, but better on the right track than on the wrong one. Even with the current share count, any positive earnings at all at this point, IMO, would put them at a higher price, regardless of their past debacles. At the very least, it would make them a profitable company with a very cheap price tag.

Jin.



To: Mr. Jens Tingleff who wrote (23697)9/2/1998 2:09:00 PM
From: Yoccm  Read Replies (1) | Respond to of 27968
 
The price now seems to be based on the loss of 6 cents/share in 96.
If you have any idea that 97 or 98 will be profitable then buy the price will go up, probably gap up, and you will miss the boat if you wait till after the certainty of reporting. If 97 and 98 are also a wash, price won't fall that much, the company still has a future and it takes a couple of years to put a newly reorganized Co. back on it's feet. Isn't the name of the game to get in at the bottom. This looks like bottom to me.
Since I know no more than anybody else, I'm in because I can verify that this is a real Company, I believe in the sincerity of the new officers, and as a measure of good faith they ran Ira off to sell cigars.

Yoccm.......