EDTA (was GIFT) Message Board

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Technology Stocks : EDTA (was GIFT)

EDTA 0.000200

+300.1%

Mar 7 3:00 PM EST

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To: Mel Spivak who wrote ()	6/12/1996 1:47:00 PM
From: BILL JAMES	of 2383

I called the company this morning to see what the status is and got the following impressions.The company is moving along as planned negotiations are continuing with many companies both those included in the suit and those not included in the suit. There could have been more settlements made but the negotiated price is not right yet and the company does not want to be perceived as giving away the licenses. I asked about some bigger and I mean big companies and was told you don't have to bring legal action against people you are talking to and they could not expound further.GIFT traded from 2+ to 11+ in May for a total volume of 6M+ shares and has drifted down on low volume. the big news I think is that the Audit should be completed by the end of the month and then can be submitted to S+P forlistin not on NASDAQ but on S+P which will allow it to meet blue sky requirements in some states and brokers in those states that already own the stock will be able to reccomend it to customers. Sounded good to me.

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