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

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

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To: zeev goldberg who wrote (42)	10/1/1996 1:55:00 PM
From: David Pesetsky	of 59

Just got off the phone with GIFS... They said they can't DELIBERATELY ADMIT to pushing GIFS price to $5 cause that would be market manipulation. They said they'll buy on dips to reduce the float to about 1,000,000. If the good news and reports comming out on GIFS isn't enough to push it to $5, they'll apply for NASD small cap which requires $3 running avg for 10 days. But they still are shooting for the NASD/NMS ($5) long term. They're hoping that greater market exposure and favorable earnings reports will attract enough attention to push to $5. Also, they're STILL buying IMXS on the open market! When they're done with that, IMXS's float should be about 5,000,000. They're shooting for a positive news release for IMXS in 2-3 weeks! But, realistically, IMXS probably won't show a profit until 1st quarter of 97. He really sounded bullish on IMXS...major turn around.

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