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


To: Linda Kaplan who wrote (5497)3/5/1999 12:38:00 AM
From: ed  Read Replies (1) | Respond to of 6565
 
Well , I think Philips wants to start a bidding war, so that it did not want to increase the offer to $25+ now so that the deal will close quick. The longer Philips waited, the more chance a second , may be third , suiter will joint the bid, and at that time, the base price will be$25 and target at $35.