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To: SargeK who wrote (36699)2/3/1999 8:13:00 PM
From: SargeK  Respond to of 95453
 
GIFI Correction,

The IBES estimate of $.11. is for 1Q/99 and $.30 for 4Q/98 (tomorrows release). YAHOO sources have the estimate @ $.13 for 1Q/99. The increased stock holders equity should bring bring book value close to $6.00 on the 11.6 million shares outstanding.

If the FY99 estimate of $1.17 proves accurate at todays' close of 7 3/8 the P/E for FY99 is only 6.3. TODAY up 7.27% on 529k shares traded vs 52w daily average of 115.8k. Perhaps this is a sneak preview of good news. I think GIFI should change its name to "Gulf Island.InternetFab.Com".

K



To: SargeK who wrote (36699)2/4/1999 11:20:00 AM
From: Think4Yourself  Respond to of 95453
 
The sky is falling at GIFI as squemish investors run for the exits at the 52 week low. I may pick up even more shares today. Volume is not unusual, suggesting it is just the newbies who are exiting.

Ken


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