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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Linda Kaplan who wrote (5494)3/4/1999 2:55:00 PM
From: otter  Read Replies (1) of 6565
 
VLSI is trading at 18 1/2 right now, and unless there is some disasterous news (REALLY disasterous), I can't see how there is going to be any hostile takeover with 17 points as the offer price. Seems instead to me that if Philips is going to be successful at this, the premium needs to be attractively greater than what it is now - because if it isn't, then all it would do is invite competition..... Your 24... Somebody else's..... (If you really did see 24 would you take a hike or stick around? Interesting question, I think)...
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