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Microcap & Penny Stocks : GIFS

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To: Bob Wolff who wrote (5930)5/2/1997 12:53:00 AM
From: Carl Pergler   of 8012
 
Bob: I still disagree with your premises and conclusion. Your anacdotes don't do much for me, either - sorry. As to my accusation on the management team - repeat management team - the CEO has admitted to A "youthful indescretion", giving the team a feloneous background. I suppose to be specifically correct the word background should have been singular rather than plural. I made no mention of Rhetorick or anyone else, those are your conclusions. I would like to have more information before drawing further conclusions one way or the other.

BTW: If you have such a small holding, it is no wonder that you are not terribly upset. I had a similar small holding in SEXI, and while I was irritated, I chalked it off to the risk of BB stocks.

As I have said before, there is plenty of blame to go around, including my own foolish attempt to stay in to recoup a small loss by waiting on GIFS to conclude something, and to start dealing properly with their shareholders. But the fact still is that management did not complete the dividend dispersement, gave no specific information on Motorsport locations or any other project to verify their existance or financial viability. I have seen no factual defense. If you or anyone can provide evidence that any of the projects reported by Zayed in interviews, filings, and press releases is factual and my criticism is unfounded, please provide it. I plan no further restating of my position or request for facts. Regards, Carl (alius Jack Webb)
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