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

To: jm who wrote (3690)	5/31/1999 9:17:00 PM
From: Douglas Raushel	Read Replies (1) \| Respond to 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

To: jm who wrote (3690)	6/1/1999 12:05:00 AM
From: Jamey	Respond to of 4005

jm, I thought I would post this news in case you missed it. Of David J. Dunn and Jonathan S. Huberman FREMONT, Calif., March 9 /PRNewswire/ -- GateField(TM) Corporation (OTC Bulletin Board: GATE) (the "Company") announced today that David J. Dunn and Jonathan S. Huberman have resigned from its Board of Directors. Mr. Dunn and Mr. Huberman, both partners in the investment firm of Idanta Partners, Ltd., have been members of the Company's Board since December of 1997. In their letter of resignation, Mr. Dunn and Mr. Huberman stated, "Our purpose in signing is to eliminate the appearance of Idanta's control of the GateField Board as decisions are made relative to equity financing. We are concerned that as decisions are made affecting the interest of public shareholders, that there not be even the appearance that Idanta is shaping these decisions to its own advantage." I know it is old news but it appears that Idanta does not want anyone to think that it has any control over decision making. Its obvious, in light of the low volume last Friday that investors are pretty shaky over a 1 for 10 reverse. This would leave only 4 million shares outstanding. This type of move IMO would be disastrous for shareholders. I have yet to see a company maintain any credibility doing a maneuver of this sort. I hope it doesn't happen. If it does, watch the price drop like a lead ball. Investment firms would avoid this company like the plague with so few shares outstanding. brightstar