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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!
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To: Ram Seetharaman who wrote (6461)5/15/1999 9:25:00 PM
From: schlep  Read Replies (1) of 6565
 
Ram,
i don't see how the Price of VLSI will float above $21 unless a new suitor appears despite how long it takes Philips to acquire the shares. If they are the only public offer and has the BOD endorsement, even a blow out quarter would have difficulty improving the price - if it did, it would only be due to be pure speculation that another suitor would be coming forward and Philps tender being retracted.
-schlep
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