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To: thomas hayden who wrote (36996)	2/7/1999 7:10:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

thomas h; re: GIFI's action post earnings release... Personally; I also thought we would see a bigger move. But, I think it will move slow & steady upward here. I think because of the micro-cap/low volume status that Institutions will make slow steady buys here, not wanting to run it up quickly. Also, GIFI had some heavy shorts - they'll cover on any positive Crude news as well; I think they also, do not want to cover en masse - spiking the price. I would not be surprised to see GIFI move steadilly through $8, 9, even 10 in days... Gary - see this link to a PGO release; this is reason for their lagging here imho; expect a ''pop'' off of this - as it is analyzed/sinks in... biz.yahoo.com