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

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To: ed who wrote (5332)2/28/1999 9:21:00 PM
From: Dawgfool  Read Replies (1) of 6565
 
If this closes at $17, its worth $17. I think based on the circumstances, it is probably worth more. If Board does its job, they will try to shop a little now- get another big player interested and then tell the good news that they haven't been telling the market (assuming there is some). Then we could see something North of $20. It is unlikely that they turn offer down without either A) competing offer or B) giving more good news to market- either way shouldn't drop much. Or Phillips has offered key VLSI insiders sweet something to close deal in which case $17 could take the day.
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