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

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To: Linda Kaplan who wrote (5266)2/26/1999 10:11:00 AM
From: OldAIMGuy  Read Replies (2) of 6565
 
Hi Linda, I can't imagine this company being purchased for less than twice Book Value, but well, here we are with a firm offer at about 1.5 X BV. If it were priced to have followed the NASDAQ Comp. for the last 100 weeks, the price would be $34, just for fun. Here's what it would have looked like:
techstocks.com

With the stock trading so far this AM at above $15, those PUTs should be secure.

Best regards, Tom
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