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Microcap & Penny Stocks : GIFS

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To: BoNg-N-BoNg who wrote (2048)2/7/1997 7:18:00 AM
From: Lee Solomon   of 8012
 
No, I don't think anyone thinks IMXS is holding GIFS down. First of all IMXS is not in bankruptcy and GIFS says that they are not going to have IMXS file for bankruptcy.

If GIFS decided to shut down IMXS tomorrow it wouldn't matter one way or another. IMXS currently is not putting a financial burden on GIFS and GIFS just turned in their best ever quarterly earnings, up 500%. So from a GIFS stock price standpoint I don't think anyone cares about IMXS. Now if IMXS becomes profitable, that is a different story because they will add earnings to the bottom line and of course that would help GIFS.

I think some sanity has finally shown up on this thread. All the pure negative hype has slowed to a trickle and has just about stopped. We've started discussing more real facts and I'm getting more and more interested in GIFS all the time. I also agree with the last couple of post that are reminding us we are dealing with a BB stock which is something we should all remember.

Has anyone looked at IBM and MSFT lately. They are starting to struggle. We never did get a January effect in the Small Caps. Maybe we will see a February effect.
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