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Microcap & Penny Stocks : GIFS - *Most*Undervalued*Stock*Around*
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To: Snow Goose who wrote (3)9/24/1996 2:44:00 PM
From: Brenda L. Greer   of 59
 
I'm not Bryon but maybe I can help. I signed up for Street Level
and I get email message on leads. This morning I got GIFS: Heads UP
Buyback/ Growing sales/ 100% Increase in earning. The # 1 stock in
Waaco's Ten Most Wanted List for its Challenge Series VS. Traders TV has issued the major press release which was anticipated as the lynchpin for its selection. The DJ is not likely to puplish this pre- opening, so this is a heads up: Genesis Insurance & Financial Services (GIFS) has inssued a press release for Tuesday morning which states:

1. The Board of Directors has authorized a stock Repurchase Plan in and amount up to 400,000 shares at Martet prices over the next 90 days. this constitures 1/4 th of the float. The company has just under 20m shares outstanding and 18M are RESTRICTED. The company's decision was 'based upon its positive outlook for the coming year and the current undervalued market price GIFS stock.
2. 2nd & 3 rd Quarter earning estimates have beeen released 2nd Q sales 2 will exceed 5, 000,000 primarily from the sale of Surety Products issued by the Congress Re - Insurance Corp/ and American Lift Corp. both wholly- owned subsidiary. Gross profit will be in excess of $ 400,000 or 2cps.
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