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: cc rogers who wrote (465)	6/30/1996 10:18:00 PM
From: Mel Spivak	of 2383

How I found GIFT: On Prodigy, a microcap guru extraordinaire, Gary Grobbel "discovered it" for me. That was in late fall. On 1/1 I was on the phone with an old buddy, wishing him a happy New Year. He is a patent atty who was with IBM. I asked him about GIFT and to my surprise he was familiar with it. He would not disclose the terms, etc., that he knew was confidential. While talking to him, I got the patent claims up on my computer and went over them with him. Conclusion: Patent was good! I almost fell off my chair realizing then the significance of this. I bought my 1st shares of GIFT @ 2.37. It did nothing and went down. I bought more @ 1.62 because of my confidence in what he confirmed for me. I maintain that confidence now. My buddy has taught patents for about 15 years and has since left IBM to become "Gen'l Patent Counsel" to a Fortune 500 co. Bec I also know that stocks go up and down, I sold just enough during the run to get my orig capital out. I will buy more if it comes back into my "Buy Zone". I am too well diversified and with to increase my % of GIFT. Due to the definite "volatility" in GIFT, you need to be able to deal with that fact to own it and sleep well. I sleep well. Mel

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