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

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To: Maui Jim who wrote (5202)2/22/1999 3:09:00 PM
From: BWAC  Read Replies (1) of 6565
 
So why is it that no one wants VLSI at 10?

Is it the $8 per share of cash and cash equivalents?
Is it the $12.50 Book Value?
Is it the price/sales ratio of .82?
Is it the .02 earnings?
Is it Stein?
Is it just a screwed up, can't see past AMZN.com market?
Is it that they apparently said absolutely nothing worthwhile to the street today at the RS tech conference today?

Onto another wishful thought. LSI paid 700 million CASH for Symbios. And just paid 100 million stock today for SEEQ which has no earnings and 26 million of sales. How much would they have to pay for VLSI if they had an interest in acquiring them? If?

900 million stock? Works out to $20 per share.
700 million stock? Works out to $15.50 per share.

All in all $9 7/8 is a ridiculously low valuation for VLSI under any given circumstances.
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