VLSI Technology - Waiting for good news from NASDAQ !!! Message Board

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

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To: otter who wrote (5583)	3/8/1999 11:34:00 AM
From: Ram Seetharaman	Read Replies (1) of 6565

I just saw Joe Kernen on CNBC about 11:10 A.M talking about VLSI/Philips. He mentioned that lowering the threshold to 10 % should make it harder for Philips to acquire VLSI. He also mentioned that VLSI is trading higher than the ask of $ 17. I agree with him. I think a counter bid is coming soon! With all this the stock should head into the 20s by April 1. What happens if Philips pulls their bid back on 4-1-99 - that is hard to say without a counter offer in the offing! With a counter offer we should be fine. Without it, we may languish.

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