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This is a hoax. For more information see:
http://urbanlegends.about.com/library/blnavy.htm
or http://www.snopes.com/inboxer/nothing/billgate.htm
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DEAR OLD NAVY SHOPPER,

I AM LAURA THIMIS, THE FOUNDER OF OLD NAVY. AS YOU KNOW, THERE HAS BEEN
SOME PRMOTION THINGS GOING ON WITH ABERCROMBIE AND FITCH AND THE GAP.
NOW I WANT TO BE PART OF THE INTERNET PRMOTION "GIG". FOR EVERY 10 PEOPLE
THAT YOU SEND THIS TO, YOU GET A FREE $25.00 GIFT CARD FOR ANY OLD NAVY
STORE, IN ANY PART OF THE WORLD, FROM THE U S A TO CHINA, FROM ICELAND TO
PARIS!! MAKE SURE THAT YOU SEND THIS TO LOTS AND LOTS AND LOTS OF
PEOPLE!!!! AFTER YOU SEND THIS TO AT LEAST 10 PEOPLE, YOU WILL RECIVE
YOUR FREE OLD NAVY GIFT CARD IN 2-4 WEEKS!!!! WATCH THE MAIL!!!!!!!!