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


To: Douglas Raushel who wrote (3651)5/11/1999 7:17:00 PM
From: ToolManInc  Respond to of 4005
 
A good question for the meeting is, Why increase the number of shares and then call for a 10 to 1 reverse split. That is like painting your house and then have somebody else come in and sandblast it. Am I missing something here??



To: Douglas Raushel who wrote (3651)5/11/1999 7:32:00 PM
From: kormac  Read Replies (1) | Respond to of 4005
 
Doug,

I got my package from Gatefield also today. I am thinking of what to
do. I do not see what the reverse split do for us? Earn us some respectability for a few weeks that we are no longer a penny stock!

Gatefields future depends on the acceptance of their products and
for this we must rely on Actel. The key month is June according to
the schedules that I have gathered from here. If the company starts
generating revenues, then the stock will start going back up and
we will get back to NASDAQ in due time. I am inclined to vote NO on the reverse split.

Seppo