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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Maui Jim who wrote (4041)8/4/1998 6:18:00 PM
From: Clarksterh  Read Replies (1) of 6565
 
A lone dissent: Although I am pretty annoyed with the arrogance implicit in the non-announcement of Beyer's 'resignation', I am also not really thrilled with the idea of a buyout. There aren't too many (if any) companies out there that make for an obvious synergy with VLSI. Nor are there too many companies out there that are anywhere near as undervalued as VLSI at this point in time (or even at 20). Thus, I don't see the point of a buyout unless it is obvious to management that their lunch is being eaten. But so far that hasn't been the case, and in fact management seemed very enthusiastic about design wins in the last CC.

So pardon me for attributing motives, but I often notice that stock holders start pushing for a buyout whenever the price drops, regardless of market share etc..

Clark

PS I'd be happy to try to vote Stein out since I think he has demonstrated incompetence, both in the past and just recently with the complete hash made of the removal of Beyer.
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