GIFS - *Most*Undervalued*Stock*Around* Message Board

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Microcap & Penny Stocks : GIFS - *Most*Undervalued*Stock*Around*

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To: regine who wrote (26)	9/30/1996 6:44:00 PM
From: BoNg-N-BoNg	of 59

quote from jdr7........ >>>>> At htis point in time, I do not beleive that GIFS will be perceived to be worth the full book--the multiple at book value would be too high for this type of company, given current eps. So I would not consider this a buy at 5 tomorrow. But it's worth half of book, or $ 3.50, without blinking. It's common for this type of company to trade at that level. And what has been the recent high? Yup, $3.50, at which point very few shares traded hands, and the price decayed. Under normal circumstances, then, I would not be expecting GIFS to trade much above 3 1/2.<<<<<<<< ANY TRUTH ABOUT WHAT HE SAID??? comments please...... foOLish eL....

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