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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Michel Eftimakis who wrote (4350)9/12/1998 9:06:00 PM
From: DanZ  Read Replies (1) of 6565
 
Michel,

I seem to remember your telling me that you work for VLSI. Even if you don't you might have some feedback on the following.

I understand that employee stock options granted after March 1996 will be repriced on September 14 (Monday). While events in Asia, Russia, the management shakeup, and the state of the semiconductor industry are all partially responsible for the decline in VLSI's stock price, the timing of the announcement on September 3 could lead one to believe that VLSI management wanted the price of the stock lower before the repricing. After all, why not make the announcement just before the repricing instead of after it. What do you think about this?

Somebody on Yahoo, presumably a VLSI employee, posted that VLSI will make a positive announcement next week concerning an order backlog or something to that effect. Do you know anything about this or other positive announcements that are forthcoming?

Does anybody else have any thoughts on these things?

Thanks,
Dan
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