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

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To: otter who wrote (5943)3/23/1999 11:11:00 AM
From: schlep  Read Replies (1) of 6565
 
Thread:
Hypothetically, if Phillips offers another 30% premium and raises bid to $22 (>2x original VLSI's closing price of $10.75 a share on Feb. 25) what is the general consensus of acceptance from thread members? What do members think lil Al will vote with a $22 bid? Unfortunately, I suspect there is a good chance he and the advisors will take it as well as the Institutions looking for a quick buck since Feb 25th.

My view: long term we are >$30 without bid, short term looks more shaky for semi's despite what LSI and some other are saying. Tough choice, but I would probably gamble a bit more to at least want / get $25 near term.

Opinions / views welcome.

schlep
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