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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Ram Seetharaman who wrote (5647)3/10/1999 3:29:00 PM
From: Linda Kaplan  Read Replies (1) of 6565
 
Well, the stock isn't going through the roof. But it has a higher range than yesterday and people bought at 18-1/2 today. It's safe to say they expect the buyout to be higher than 19 and probably a lot higher than 19, or else they'd be taking too high a risk to buy at this price. If the buyout were to fail or continue at 17, they'd have a big loss. So they'd be balancing that risk against potential gains and that means to me, the way I am thinking, that they're expecting a resolution higher than 20. They're probably looking for that 25 that's been bandied about. :)

Linda
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