Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 !!! -- Ignore unavailable to you. Want to Upgrade?

To: Joe C. who wrote (3434)	5/21/1998 10:50:00 AM
From: Hashem Akbari	Respond to of 6565

I remember in the last conf. call, VLSI said that the orders for the 3rd Q are very much booked by the first week of May. That was in response to a question from an analyst. Does anyone know if that has happened? If the orders have not come in for the 3rd Q, then that explains the recent drop in the price of the stock. Also, I have lost much of my confidence in the management. When I ask them questions, they talk from both sides of their mouth. I am sure that they do not treat the analysts that way. This is a case that "you hear the sound of the violin tomorrow." Hashem PS. My personal rule to invest more in a company at any time (going up or down) is that "Is this the best company to invest at this time?" I try to answer this question, both from fundamental and technical angle before investing. Frankly, I am not sure that my criteria is met even half way. PPS. You have probably noted that I have not given forecast for the company earnings for this quarter. I stopped because I was getting my data from the company that in due time turned out to be highly inconsistent and always living in the glory of the past or the glory of future. Never the reality of today.

To: Joe C. who wrote (3434)	5/21/1998 10:50:00 AM
From: DanZ	Respond to of 6565

I'm not one to spread takeover rumors nor do I think anybody should buy stocks with the hopes of a takeover. But you still have to keep your eyes open and I came across the following article. It sounds a lot to me like Ericsson might be interested in VLSI. Can somebody with more knowledge of the fundamentals of Ericsson and VLSI comment on whether Ericsson would even be interested in VLSI from a strategic perspective. Thanks, Dan ____ Silicon Valley on Ericsson's shopping list By Mark Bendeich MELBOURNE, May 21 (Reuters) - Swedish telecommunications giant Ericsson on Thursday signalled interest in acquisitions in Silicon Valley to stay ahead of the mobile communications revolution. Ericsson chief executive Sven-Christer Nilsson said he was looking at selected takeovers as well as alliances to expand on its own efforts to merge mobile telephony and computing. "We are looking for small and medium sized companies that we can acquire in full or in part," Nilsson told reporters during a visit to Australia. "We're looking for good acquisitions wherever they are and it happens to be today that the drive for the development in this area is located in the United States in Silicon Valley," he added. Ericsson is working with others in the telecommunications and computer industries to introduce a technology to allow seamless communications between mobile phones and computers. On Wednesday, Ericsson, Japan's Toshiba Corp, Finland's Nokia, and U.S.-based Intel Corp, and IBM revealed a new "open" standard, "Bluetooth," they hope will revolutionise communications on the move. Telecom analysts described the news as a leap ahead for convergence between the communications and computer industries. Bluetooth uses short-range radio signals to connect devices -- eliminating cables and problems with compatibility. "This will be the standard for device-to-device communications in the mobile field," Nilsson said. It aims to allow the user to receive e-mail via their mobile phone, even while their portable computer is in its case. When the PC receives an e-mail message, an alert will sound on the mobile phone. It is then possible to browse incoming e-mails immediately, reading the contents on the phone's display screen. By putting Silicon Valley on its shopping list, Ericsson is eyeing software companies that are developing applications for this new age of mobile communications, a company source said. "Through a combination of organic growth, selected acquisitions and partnerships with independent companies, Ericsson is focused on becoming a full service provider to the newly converged industry," Nilsson said. "Our strategy is to enhance our ability to partner with companies in this new world and provide our customers with the best possible service into and throughout the next millennium." Nilsson took the reins of Ericsson in January and is touring its businesses and staff in Australia, New Zealand and China. He would not predict the impact of Asia's economic downturn on Ericsson's profits, but said similar crises in Latin American markets had resolved themselves in about two years. In any case, he added, growth in China, Taiwan and Japan was offsetting sales declines in other parts of the region. 04:10 05-21-98

To: Joe C. who wrote (3434)	5/21/1998 1:49:00 PM
From: Kevin Hay	Read Replies (1) \| Respond to of 6565

<<Management has said the 3rd and 4th quarters will be great.>> =-=-=-=-=-=-= Actually, 'optimistic' was the word used: biz.yahoo.com *We remain optimistic that the business will strengthen in the second half of the year.* -=-=-==-=-=-= I prefer your word, but there it is. I'm deciding whether to go long now, if I do it'll be because I'm betting: 1. management's optimism turns into reality 2. evidence of strong end-user demand for handsets 3. apparent strong support around 17 4. company seems to have a habit of missing high expectations and beating low ones. (they're due) 5. even if it goes lower, co has proven it will be a survivor. concerns: 1. The inventory correction talked about last q isn't finished/mgmt's optimism is unfounded. **if you look at ericy's last q bs, it doesn't show an inventory correction. From ericsson pr biz.yahoo.com Note, Dec31-97 compared to Mar31-98 --> an increase of 1,422 2. general concern about semi's, and my fairly heavy weighting in them (got quite a bit of dspg) And Dan, per that article you posted I would think VLSI would be a top candidate for an ericy buyout in lieu of the amount of biz they do with vlsi..., but I wouldn't buy based on that. cheers, -Kevin