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Microcap & Penny Stocks : GIFS

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To: craig crawford who wrote (2164)2/12/1997 1:26:00 PM
From: Laertes Manuelidis   of 8012
 
Craig,
I was told about gifs last fall by a friend. I chose to wait rather than buy at $3 per share. I have kept up with the news releases, but it seems now that the boat is starting to sink, especially in light of Gif's bullish press releases.
Something is fishy here, and individual investors are being toyed with, IMHO. Why should a stock with all these great press releases and book value >$7 per share (any other guestimates?) be floundering at $1.75?
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