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Microcap & Penny Stocks : GIFS

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To: Bill France who wrote (1786)1/27/1997 8:42:00 AM
From: Hawkmoon   of 8012
 
I see a lot of hype, both positive and negative, bouncing around this thread. I certainly agree that there has been too much "visibility" for the company on the internet, and not enough on the street, and the company is primarily responsible for that. If they are going "tell a story", they had better make sure that the story jibes with everything that has been said before.

My take on this all is that GIFS seems to be a company with earnings. Now whether or not those earnings continue to rise depends on the status of its subsidiaries. For GIFS to regain its credibility, they will have to show substantial progress to resusitating both Imagex IMXS, and the gold mine venture in Idaho. Both of which will require subtantial cash. Thus we will be able to gauge how capable Zayed really is at keeping all of the expectations that he has raised by rebuilding IMXS and mining some gold.

I've got my Vegas money on IMXS. It should see an increase before GIFS as it is a symbiotic relationship. (or would that be rather a "Catch-22" situation. Time will tell.

Regards,

Ron
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