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Microcap & Penny Stocks : GIFS

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To: Mike Gold who wrote (6321)5/8/1997 8:58:00 PM
From: Bob Walsh   of 8012
 
Mike, I just valued GIFS at $0.00 in my portfolio after telling my wife. I have lost more money on some other investments but have never had to value an investment at $0.00 and have never lost due to a scam.

Lessons learned: (1) avoid/get out of any stock where the hype is constant (as from WAACO and Billy the Kid) and (2) avoid/get out of any stock at first hint of questions about assets.

Regards,
Bob
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