SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Linda Kaplan who wrote (5806)3/18/1999 8:46:00 PM
From: lifeisgood  Read Replies (3) of 6565
 
I hate to rain on everybody's parade but how does this news help VLSI? Please tell me why I shouldn't interpret recent BOD action as just another attempt to preserve their (and their CEO's) lucrative positions at the expense of shareholders. Obviously, I'm not as optimistic that turning up their nose at Phillips was a good thing. Did anyone really think that Stein would say, "Sure I'll give up all the power and control I have fought to maintain all of these years." No way in hell he would voluntarily relinquish control--at any price.

In the absence of other interested bidders (and none have come forth yet) this stock is in big trouble.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext