Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: RFH who wrote (6976)	3/3/1999 11:14:00 AM
From: OldAIMGuy	Respond to of 18928

Hi Rob, Things are really heating up on the VLSI thread and in its stock. Since the "friendly" take-over bid of $17 was offered last Friday (took share price from about $11 to $16 almost immediately) the price has continued to climb. Today it hit over $17.50 and today is the last day of the Philips initial offer. Philips has announced that it's intent on buying VLSI and will go "hostile" if VLSI board doesn't accept their offer. As far as I can determine, this just means that the price will stay in play a bit longer and quite possibly at a higher price. Many on the VLSI thread seem to think it will finally sell for over $20/share. That'll make me smile! Best regards, Tom