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Microcap & Penny Stocks : GIFS

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To: Bob Wolff who wrote (5895)5/1/1997 6:50:00 PM
From: craig crawford   of 8012
 
<< If the worse case comes and everything is liquidated (even at irresponsible fire sale prices), I believe there is still a buck or two per share out there. >>

You must be joking. GIFS was only trading for a buck or two when everyone was looking through rose colored glasses. Why would it trade that high under lesser circumstances? I see it trading closer to 1 cent a share rather than .10 if all the allegations are proven.
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