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


To: zbyslaw owczarczyk who wrote (5394)3/2/1999 6:14:00 PM
From: orkrious  Respond to of 6565
 
Philips is gearing up for a fight

The big Dutch electronics company also is preparing a proxy fight to throw out VLSI's board of directors

Wall Street traders specializing in takeover stocks view VLSI as vulnerable to a takeover, primarily because the company's entire six-member board is up for re-election at its annual shareholder meeting this spring.


Hot damn! Phillips can have my shares. Screw the Board. Even though I still have a losing position, I relish this.

Maybe we'll have another bidder.

Jay



To: zbyslaw owczarczyk who wrote (5394)3/2/1999 6:14:00 PM
From: munsters  Read Replies (2) | Respond to of 6565
 
Hostile ! Incredible. He is on the verge of loosing his company. Incredible. I guess the street was really ticked off at these guys. Any comments ? Any thoughts ? Any speculation ? Whats next ? What a shame.