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

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To: Cal Gary who wrote (148)11/2/1999 12:03:00 PM
From: Glen Gordon   of 165
 
Results are out. They've probably turned the corner but we won't see good results until end Q1 2000. Took them 2 years to get to where they were in 1998. For 2000, earnings should be 12-15 cents a share with a growth rate of 25-30%. I'd say that translates to about $3.5-$4.0 per share at end of 2000.

My advice to CG is wait. Buy as much as you can at $1.00 or less.

Hope the doctors are making money off of Gimbel - (cause the shareholders are not)
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