How do I edit a .gif file with Photoshop?

W

Water Garden Vista

New member
When I open my .gif with Photoshop, it tells me that I will loose all other frames if I save it. I want to make the image smaller.
I just opened it with ImageReady, resized it, and tried to save it. The only format it allows me to save it in is a .psd file.
 
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