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Microcap & Penny Stocks : GIFS

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To: James T. Millican II who wrote (2237)2/14/1997 7:14:00 PM
From: George Antoniou   of 8012
 
You must be mis-reading the HYPE! Yes, sure GIFS is selling its core business. But it is using the proceeds to finance a real popular industry -- NASCAR-related business. Maybe you are not familiar with that industry but with the growth and popularity of NASCAR and the high cash-flow from the travel-station business this could be the combination that will become the core GIFS business. Think about the cash flow that will be generated to finance it's other activities...

Only a fool will think GIFS did the wrong thing by selling its insurance arm.

George Antoniou
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