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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?

To: Linda Kaplan who wrote (3998)	8/3/1998 4:08:00 PM
From: Robert Griffin Gregory	Read Replies (1) \| Respond to of 6565

Maybe I missed a post somewhere, but does anyone know WHY the stock has dropped so much (percentage-wise) today? So, if indeed anyone can post information (pro or con, but not "I told you so")that will help serious investors make important decisions regarding VLSI, I'd like to read it. I will do likewise. Griff

To: Linda Kaplan who wrote (3998)	8/3/1998 5:52:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 6565

Hi Linda, How long are those Puts good? Will you realize a nice discount from $15 if they come to roost at your account? Remember, I paid over $14 and still have to add commission. Maybe you aren't so far off after all. One thing I checked today is VLSI's Convertible Subordinated Debenture. It's an 8-1/4%, 2005 convertible with a conversion feature at $54.80 per share. Usually if things are really bad at a company, the convert's also get hit. The reason is worry about the company's ability to fulfill its bond obligations. However, much to my relief and surprise, the bond is trading at $97.50 per unit or almost par value! Maybe this will comfort some of the rest of the LONGS out there as well. Best regards, Tom