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

To: easytarget who wrote (3677)	5/26/1999 2:59:00 AM
From: grace	Read Replies (2) \| Respond to of 4005

EZ, I referred Tom's news quote in Message 9733805 In article, it mentioned only common stocks. BTW, it was not clear to me about unissued common stocks. Are you saying that after 10 for 1 reverse split, the company will have unissued, authorized 61M shares of common stocks and outstanding shares in investors' hands will be 4M shares? If the company issued 50% of what they hold for finance, how do you interpret dilution outcome? Looks that GATE will have so much freedom to bargain to Idanta. IMHO, GATE's best near term hope will be sold at $3.00 to ACTL or Siemens, which will be equivalent to $30 after 10 for 1 RS. I hardly believe that GATE is moving toward that direction, and I don't know why? I personally believe that GATE's technology is far better than management. Hope GATE doesn't disappoint share holders in June. Good Luck