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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 (5234)	2/24/1999 12:26:00 AM
From: garrick le	Respond to of 6565

This discovery is something. The last time someone bought that much stake in VLSI,the stock raced from 12 to 35.(I believed it was Soros,if I am not mistaken). VLSI is undervalued and deserves at least 15 anyway since book value is over 10 already. Cheers, GL

To: Maui Jim who wrote (5234)	2/24/1999 8:58:00 AM
From: munsters	Respond to of 6565

Soros ? Mr. Asia. The king of Asia. Oh. Boy ! Sounds to me he's playing the Asian card. I wonder if its also time to buy exchange traded Asian funds ? Naaa. I'll stick to VLSI. One Asian play is enough for my nerves...

To: Maui Jim who wrote (5234)	2/24/1999 10:46:00 AM
From: otter	Read Replies (1) \| Respond to of 6565

I agree that this is a big deal, and at the risk of promoting rumors - The factors I see are that: the company is selling for less than its asset value. It is selling for significantly lower multiples than other enterprises in its sector. The company has products, a product pipeline, and customers. It is on its way back to profitability. Nobody whose posts I've seen or who I've talked to have anything good to say about Big Al. Of the four opportunity areas that Lazard focus on, only one seems to fit. From Lazard's website: "The fund's focus is on four general types of situations, each involving equity or equity-linked investments in middle market companies: Late-stage venture opportunities, where a business needs funding to expand an already commercially successful product or service Minority equity investments in established businesses, public or private, typically seeking growth capital Acquisitions or majority buyouts of established businesses Build-ups and consolidations in fragmented industries Typical investments range from $5 million to $40 million in equity, or up to $100 million in total transaction funding. Transactions over that size (including those requiring as much as $50 to $75 million in equity), are evaluated in conjunction with several of Lazard's affiliates and relationships."