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Technology Stocks : GateField (GATE)

GATE 36.05

-1.3%

Apr 1 12:00 PM EST

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To: roadrunner who wrote (3719)	6/15/1999 11:19:00 PM
From: jm	Read Replies (1) of 4005

I believe some firms are looking into it now as timing of announcement of rs with product announcement can be viewed as price manipulation which is grounds for class action.Tech looks good but they have a vc firm on board which wants ability to sell his shares at any price and will have advanced information at all times and is concerned with his interests not common shareholders,It is also suspect when gate was kept below 1 to allow the redemption that suggest some manipulation imo. It is difficult to predict price value as a buyout can happen depending on market acceptance and upcoming DAC show but I believe that idanta wants an escape option and wants the rs now as to sell their shares on otc-bb would be difficult,however for small shareholder it is irrelevent-market marketability argument is for their benefit. Several lawfirms specalize in this and SEC is suppose to protect small investors and unless the price rises soon gate and idanta are very close to having a visit.

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