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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 (3690)	5/31/1999 9:17:00 PM
From: Douglas Raushel	Read Replies (1) of 4005

jm during the actel 1st qtr conference call, East said Proasic will be announced late second qtr. Plus they don't really have to announce anything. They can just start selling. Again we wait. I think alot of people are expecting too much. gatefield ramp up is going to be slow, stated in 10k. also stated in 10k, no money will be made in 99. this is a risky penny cheap stock. I never heard a company trying to keep its stock low. Gate is just holding on. we have nothing left to borrow on. I find some of the talk on the raging bull thread just funny. Class action suit? what are we to get?, they have no money. wouldn't dr saxe want the price to go up? sure would make him look good. Plus its the the only way he's going to make some real money. actel has saved gate for now. gate you could say is just another dept for actel. Look to actel if you want to see how the proasic is going. we should be calling actel ir if you want any answers if they are giving any out. gate it looks wants to go it alone for some reason. why I can't figure but the only suitor now can be actel nobody else. doug

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