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Technology Stocks : Graphic Zone (GZON)

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To: Jimmy G. who wrote (47)6/11/1997 11:54:00 AM
From: Barry W. Pannabecker   of 55
 
I placed a good 'til cancelled order to buy a bunch at 5/32. The only rationale being the willingness of traders to drive this stock back and forth to 1/4 and back. After reading the latest quarterly report on the web I'm about ready to cancel the order. The outfit which loaned the bulk of the recent(1/97) millions has some decent lawyers placing restrictions on the actions of GZON. The Gzon crew already admits to being in default on some of those terms. The results of these defaults could legally be the forfiture of all assets to the bank. Stockholders left with paper. Don't throw so many 22 cent pieces around that you can't afford to live without them...
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