Can Premiere Elements be used on an animated gif file?

Question

I am considering purchasing Premiere Elements but I need to know if one can use it to add effects to an animated gif file.
For example, in Photoshop Elements one can add certain effects to a gif image, such as giving it certain textures or filters.
Can one do the same kind of thing in Premiere Elements and if so can it be done to an animated gif file?
Maybe a better way to ask this question is:  can you import an animated gif file into Premiere Elements and then manipulate it?  Run filters, etc.
Thanks for your help.

Answer 1

If you load your GIF into Premiere Elements 10, edit it, then share to an AVI file, you can then import the AVI file into GIF Movie Gear by Gamani, which will then create an animated GIF. I learned about this utility from a Microsoft tutorial on creating icons for Windows XP.
http://www.gamani.com/product_icon.htm
If you use Firefox and get redirected, try using Internet Explorer instead.
After the trial period is over, it's $29.95US for 4 licences.
When you share to an AVI file, you will want to select the Microsoft AVI item from the list, then click the advanced button to open up the dialog where you will need to select a codec and enter the frame size and frame rate. The codec will have to be one that GIF Movie Gear likes, so there may be some trial and error needed to get a good codec. I shared to an AVI after picking Xvid for the codec, which GIF Movie Gear imported.