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Technology Stocks : GateField (GATE)
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To: SyncMan who wrote (3954)5/12/2000 10:55:00 AM
From: easytarget  Read Replies (2) of 4005
 
Current "Market Value"!!!

For the past 2 weeks, GATEFIELD has been selling in the $4 to $5 dollar range. But the whole Nasdaq has been down about 40%. Prior to the recent correction Gatefield was selling in the $6 to $6-1/2 range. Actel has timed this offer to take maximum advantage of a temporary market glitch.

For some time they have had the biggest say in what happens at GATE. To make such a low offer now when the market is just starting to recover and when they don't even need the votes of 95% of the shareholders (50% of the votes are controlled by 3 or 4 large shareholders, the largest being Actel) smells fishy and should be investigated.
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