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

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To: otter who wrote (5914)3/22/1999 8:43:00 AM
From: schlep  Read Replies (2) of 6565
 
Otter,
QUESTION for VLSI thread:
Please explain the significance of Al Stein excercizing options to purchase shares when he was already vested and had rights to those very shares? In other words, if he was already vested, he would reap the same benefits once vlsi is purchased wouldn't he? Why would he actually need to have possession of the shares when he had vested rights (the only reason i could think of was expiration of grants)?

FORE:
been lurking around SI for about 3 years now. fore is a good company with not so good timing. they have bought other good companies unfortunately when sales / revenue have not meet expectations thus exacerbating stock price. they have terrific growth and supposedly a very high book to bill ratio for the up coming 2nd quarter. i have seen many times before the stock take a quick move upward only to pull back significantly. the good news is that you can always count on a gradual move upward as well. 27M shares however has not been seen. so you will need to make up your own mind and give dd.

your opinions are valued..
Schlep
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