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To: Maui Jim who wrote (4041)8/4/1998 6:18:00 PM
From: Clarksterh  Read Replies (1) | Respond to of 6565
 
A lone dissent: Although I am pretty annoyed with the arrogance implicit in the non-announcement of Beyer's 'resignation', I am also not really thrilled with the idea of a buyout. There aren't too many (if any) companies out there that make for an obvious synergy with VLSI. Nor are there too many companies out there that are anywhere near as undervalued as VLSI at this point in time (or even at 20). Thus, I don't see the point of a buyout unless it is obvious to management that their lunch is being eaten. But so far that hasn't been the case, and in fact management seemed very enthusiastic about design wins in the last CC.

So pardon me for attributing motives, but I often notice that stock holders start pushing for a buyout whenever the price drops, regardless of market share etc..

Clark

PS I'd be happy to try to vote Stein out since I think he has demonstrated incompetence, both in the past and just recently with the complete hash made of the removal of Beyer.



To: Maui Jim who wrote (4041)8/5/1998 8:35:00 AM
From: Joseph E. Caiazzo  Read Replies (1) | Respond to of 6565
 
Jim: Yes I'm licensed in fed. court, but as the adage goes.."The lawyer who represents himself has a fool for a client." Besides , I haven't worked on a shareholder derivative suit since I worked with Roy Cohn twenty years ago.
I think we shareholders are best served by consulting counsel in San Francisco.
JEC