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

To: otter who wrote (5523)	3/5/1999 9:20:00 AM
From: Ram Seetharaman	Read Replies (1) \| Respond to of 6565

"Stein has been CEO since before VLSI went public in 1983 at $13 a share" If Philips gives 'em $ 17 a share 15 1/2 years later in 1999, this translates into an annualized compounded return of 1.75 % per year, making it one of the worst investments ever for a long term stockholder! A low IQ grandma from Alaska or Antartica with no knowledge of investment could go to her streetcorner Bank and get a better return from a money market account. Philips is robbing everyone cheap!