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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Linda Kaplan who wrote (5875)3/19/1999 5:51:00 PM
From: Patrick Macnamara  Read Replies (2) of 6565
 
Philips getting friendly??

[Letterhead of Philips Semiconductors International B.V.]
March 19, 1999By Facsimile

------------Mr. A.J. Stein,Chairman & CEO,VLSI Technology, Inc.,
1109 McKay Drive, San Jose, CA 95131 - U.S.A.

Dear Mr. Stein:
We were encouraged to read in VLSI's Schedule 14D-9 that the VLSI Board of Directors has determined to explore its strategic alternatives and that those alternatives could include negotiations with interested parties, including
Philips. As we have said previously, we would be delighted to negotiate with you and are prepared to send a team to California as early as next week so that we can commence discussions.

I will give you a call on Monday next regarding the scheduling of the meetings we propose, and I look forward to your response.

Sincerely,
/s/ ARTHUR VAN DER POEL
Arthur van der Poel
cc: Board of Directors of VLSI Technology, Inc.
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