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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: zbyslaw owczarczyk who wrote (5508)3/5/1999 6:53:00 AM
From: Ram Seetharaman  Read Replies (1) of 6565
 
''The acquisition would be good for Philips -- the price therefore is not really relevant,'' said Oscar Poos, an analyst at Bank Insinger de Beaufort.

Then why not pay $ 30 if price is not relevant?

It is all about price. Philips thought they could "bear hug" VLSI into a cheap $ 17 offer. It is not working. I hope they lose and pay twice that!
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