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Technology Stocks : GateField (GATE) -- Ignore unavailable to you. Want to Upgrade?

To: wpfisk who wrote (3756)7/25/1999 2:58:00 PM
From: Douglas Raushel  Respond to of 4005
 
wpfisk

8.00 only = .80 pre-split I need something better than that.

also found something from electronic news. nothing new but states
who is already on board with proasic and if its is successful will
have 18 month lead.

electronicnews.com

just something to read till East states his case of Proasic on
Tuesday. wall street looking for 20 cents from actel hope they
make it.

doug



To: wpfisk who wrote (3756)7/26/1999 1:47:00 AM
From: grace  Read Replies (1) | Respond to of 4005
 
wpfisk,

Your estimate of $30M might be a good target price for GATED if the business begins to pick up or six months ago. Under current situation, it could be optimistic under current situation IMO. Only way to raise up the target is to attract other investors which is a part of reverse split objective.

Another variable is that the company may squeeze small investors more by converting the preferred stocks, and dilution may not be trivial.

Good Luck


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