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Strategies & Market Trends : Jreck's the Wall Mart of Fast Food (Jsub)

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To: Peter Nguyen who wrote (11)12/13/1996 2:54:00 AM
From: John Liu   of 19
 
Hopefully it(GIFS) comes out all right. Their estimates for 1997 if true would price them at about 3 times earnings which is no matter which industry great. Their are alot of rumors going on in the GIFS forum about short sellers or MM keeping the stock down, not sure if true or not but as long as the company keep having great news then they(Short Sellers) would have to keep putting in more and more money. I picked up mine around $2.50 so I am losing money on this and Jreck's but am gaining some money in CSGI and to a lesser extent INTV.
Do you have any suggestion/Comments on any ofr those stocks or on PRGS which I have been trying to pick up(with no luck) the last few days.

John
Please give me a E-Mail also if you see anything interesting.
chriswu@worldnet.att.net
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