Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: ROY DEL who wrote (25259)	10/25/1998 9:28:00 PM
From: Sigmund	Read Replies (1) \| Respond to of 27968

How come we are holding above a nickle? With 70 t0 80 million shares out there, even at a nickle we are talking about a market cap of $3.5MM to $4MM. When FAMH bought Myriad they thought they were buying an $80MM business. What did they pay for this? Half of that minus the outstanding debt doesn't result in a market value of $3.5MM to $4MM for FAMH. Unless some feel that the profitability is improving, it would seem that the stock is wildly overpriced at this point.