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


To: Maui Jim who wrote (4012)8/4/1998 5:01:00 AM
From: Linda Kaplan  Read Replies (1) | Respond to of 6565
 
Jim, If it's not good news, then what was the thinking within the company that made it seem good to some of them that he leave? I'm confused, (as usual).

Linda



To: Maui Jim who wrote (4012)8/4/1998 9:35:00 AM
From: Don Ciphon  Read Replies (3) | Respond to of 6565
 
It is hard to say whether this is good or bad. VLSI was already
a wireless company prior to Rich becoming its president. The
wireless transformation was not done by Rich. VLSI invested in
this group more than 7 years ago.



To: Maui Jim who wrote (4012)8/4/1998 10:27:00 AM
From: E.J. Neitz Jr  Read Replies (1) | Respond to of 6565
 
Stock Will Languish Until Reason For President's Departure Known

I would love to see the former president accept a top position with a company larger than VLSI, to me that will confirm he left for a better job opportunity--and not VLSI comapny specific. If he just quit without another position-that raises a red flag. Did he discover irregularities within the company; either accounting or operational--perhaps the strength of their business was overstated by him or the CEO--etc--the point is knowing why the President left could tell the story on how the stock will respond in the future. If anyone finds out the reason for him leaving, please post. I doubt that with his reputation--he was "fired" by Stein.