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Microcap & Penny Stocks : GIFS

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To: craig crawford who wrote (1999)2/4/1997 6:49:00 PM
From: smeuris   of 8012
 
I THINK ITS A STRETCH TO COMPARE GIFS TO NETSCAPE AND CISCO. THEY ARE SO CLOSELY WATCHED BY THE STREET THAT EVEN A HINT OF TROUBLE CAUSES SELLING AND GENERAL HYSTERIA (THOUGH REALLY WHO CARES WHAT THE STREET DOES...IF ITS A GOOD COMPANY THAT MAKES MONEY, STOCKHOLDERS WILL BE REWARDED IN THE LONG RUN) HOWEVER GENESIS HAS ONLY BEEN PUBLIC SINCE 1995 I BELIEVE AND I DON'T THINK IT'S FOLLOWED CLOSELY IF AT ALL BY WALL ST. THE PRICE THEN IS DICTATED BY INDIVIDUAL INVESTORS AND THE MARKET MAKERS ON THE STOCK, WHO MAKE THEIR MONEY NOT BY INVESTING IN THE STOCK, BUT THROUGH TRADING IT. THUS THEY HAVE AN INHERENT INTEREST IN SEEING THE PRICE FLUCTUATE. NONE OF WHICH IN THE LONG RUN, AFFECTS THE COMPANY ITSELF, WHICH UNLESS THEY ARE A BUNCH OF SCOUNDRELS, IS MAKING MONEY AND HAS PLANS TO MAKE MORE MONEY. I AM PLENTY PATIENT AND WOULD RATHER BUY AT 1.50 THAN 3.50 ANYDAY.
IF YOU BUY HUNDREDS OF STOCKS IT INDICATES TO ME YOU ARE A TRADER. I THINK THE MAJORITY OF PEOPLE ON THE THREAD OUR INVESTORS IN GIFS, AND AREN'T REALLY INTERESTED IN TRYING TO TIME THE MARKET. BUT IF IT WORKS FOR YOU, GOOD LUCK.
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