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Technology Stocks : GateField (GATE)
GATE 36.05-1.3%Apr 1 12:00 PM EST

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To: jm who wrote (3645)5/5/1999 11:43:00 AM
From: wpfisk  Read Replies (1) of 4005
 
JM,

At the rate things are going the stock will be worth
about $1 a share AFTER the reverse split. How certain
are you that this reverse split will occur ? What if no
one loans them any money ? Who would end up with the
patents ? How many people does Gate really need to employ ?
What do you think they do all day ? I've been in this
stock about two years. After reading the posts of lml,
zeev, rpetersen,..et al., I get the impression that we
are all a little bewildered how management has continued
(several different management teams) to pile up loses.
At the end of the day Gate has become a shell. There will
most likely be a buy out. For what price will GATE management
sell the technology. Would a Gate bankruptcy cut Actel
out of the deal ? It seems that Actel has the most to
gain by saving Gate. We really don't need any more Idanta
maniputlation. I could picture that both Seimens and Actel
are acquiring GATE stock. What do you think ? This page has
been very quiet lately.

Owning Gate has been a real education for me. How about you ?

Regards,

wpfisk

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