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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: otter who wrote (5649)3/10/1999 3:38:00 PM
From: Linda Kaplan  Read Replies (1) of 6565
 
I agree. The stock will not move with ordinary market machinations, so anyone buying now expects the buyout to give us a higher price. I think they wouldn't do that for a half point, because the downside risk would be too great. They must feel pretty confident on a much higher settlement of this buyout situation. I'm just speculating on what's going on, of course, but I can't see any other reason for anyone to buy at 18-1/2 and there's been a lot of buying there today.

Linda
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