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

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To: patrick tang who wrote (6093)4/2/1999 10:59:00 PM
From: Linda Kaplan  Read Replies (1) of 6565
 
Patrick: I think something will happen. Phillips is trying its hardest to keep the price of the stock down by not announcing a higher bid. But they aren't that stupid as to not realize they don't have the votes at their current price. They want to stay in the game or else they would have walked away on 4/1. So they will probably come up with a higher offer on 4/16. By then VLSI may have accepted a rival offer, of course.

Linda
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