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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!

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To: munsters who wrote (4850)11/12/1998 9:55:00 PM
From: Ram Seetharaman  Read Replies (1) of 6565
 
I couldn't agree with you more. VLSI should have never gone to $ 6 or even to $ 11 as it is now. But for a takeover artist/buyer this is a great opportunity to snap up the company. It would take some maneuvering, but a savvy player can pull it off! I don't know what defense VLSI can put up during a hostile takeover. If it gets taken over, with the upcoming semi-market pickup for the next three years, the bidder could recoup his costs and then some! In that same light, may be even VLSI can announce stock buybacks. But apparently, even they themselves don't feel this stock is undervalued - a notion I find hard to believe!
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