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Technology Stocks : GateField (GATE)
GATE 36.050.0%Apr 1 12:00 PM EST
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To: jm who wrote (3778)8/1/1999 12:58:00 PM
From: Zeev Hed   of 4005
 
jm, it seems that post reverse split, GATED is going the way forecasted, $2.5 here we come. It is not so much what they do or don't, after a reverse split there is always a major imbalance between buying and selling because of all the odd lots created. These are dumped on the market indiscriminately resulting in a major price halving or worse. I believe I stated that much before the reverse occurred.

Good luck to all long suffering gaters.

Zeev
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