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

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To: Taby who wrote (5513)3/5/1999 8:25:00 AM
From: Spartex  Read Replies (1) of 6565
 
Taby, sorry my error. you are correct about VLSI trading as high as 40+ intraday Oct. 97.

Nonetheless, I think fair value is in the $22-25 range here. Stein pulled in the banking people to search out other potential "White Knights". We'll find out shortly what the company is worth on the street. But I don't believe VLSI would have traded to $35-40 this year on its own merit as Jim B. stated, unless it changes its business to the Level One silicon (VBG).

Regards and best wishes all longs!

QuadK
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