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


To: Douglas Raushel who wrote (3667)5/21/1999 3:01:00 PM
From: Ignatz  Respond to of 4005
 
Looks like it'll be 2000 befor we get any measurable revenue for about 6-9 months. Not good. It'll be interesting to see what kind of financing GATE comes up with. A price under 50 cents looks like a decent place to buy.



To: Douglas Raushel who wrote (3667)5/21/1999 3:53:00 PM
From: jm  Read Replies (1) | Respond to of 4005
 
Hopefully the proposals to reverse split and increase shares will fail as they are designed to better idanta and actel position not the shareholders regardless of the the hype listed in the proxy.It is much easier to merge gate into actel with less shares outstanding and there is probably a negotiation between idanta and actel ongoing right now on this issue.Appears the flash tech will have a market but the common shareholders will share little in it with these players involved.
I can see some class action lawsuits on the horizon before this story ends.