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

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To: Greger who wrote (5534)3/5/1999 11:57:00 AM
From: otter   of 6565
 
re: "There will be some that DO tender their shares." Only those, IMHO, who previously agreed to do so (e.g. their M&A folks).

Speculation only: Given that this is hostile..... It seems to me that those who do NOT want Philips to buy VLSI have an extraordinarily vested interest in ensuring that the price of VLSI stock remains above 17. (Now, who would that be, do you think?) It seems to me that the M&A people VLSI has hired are probably trying to do that by buying VLSI on weakness or in some other way locking up as many available shares on VLSI's behalf as possible. If THAT is the case, they also don't want the share price to get too high either - thus making it more expensive to lock new shares up - unless there is a good chance that there will be yet another company who will bid for a price greater than the cost of the shares being locked up.)

A slow motion dance with a few surprise steps we probably don't know about.
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