Gimbel Vision International Inc. (GBV - ASE) Message Board

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Gold/Mining/Energy : Gimbel Vision International Inc. (GBV - ASE)

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To: Glen Gordon who wrote (118)	7/28/1999 12:06:00 AM
From: Cal Gary	Read Replies (1) of 165

Actually its House #89, Geopel, doing most of the selling throughout July. They've been selling thru the run and retrace. They did however buy 10,000 today at 1.70. So they do have a bottom. House Bought Av/Sh Sold Av/Sh Net $Net 2 DS 611566 $1.94 641070 $1.99 -29504 $89616 89 Goepel 25000 $1.93 807770 $2.02 -782770 $1580531 The encouraging news is that twenty two houses are net positive (>1000 shares) soaking up supply for July. Five are net positive/negative (<1000 shares). And only 7 are net negative. House 19 and 89 being the significant ones. Where did 89 get all those shares to sell? I'd like to see the lastest TSE shorts. Glen, I agree with your other comments. Thanks also for your previous post. I ran through your model relating procedures to arrive at expected earnings. Cashflow is usually the measure for growth companies. Any way to tweak your model to come up with expected cashflow? I'm looking for a minimum of 2 cents/share given no expansion yet. GBV is first class in its operations but when it comes to presenting its income statement, they suck. (Balance sheet is well presented). I've been looking for interest revenue on the $3mil cash. Where is it being recorded? I guess that's what auditors are for. Hopefully the new CFO will address this blemish.

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