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

To: BWAC who wrote (5533)	3/5/1999 11:35:00 AM
From: Greger	Read Replies (2) \| Respond to of 6565

There will be some that DO tender their shares. Our final price depends greatly on whether the mutual funds and other large shareholders decide to tender. I just went through the same thing with another company and little by little people caved as the price got closer to the tender off price. Good luck. I'm holding for now!

To: BWAC who wrote (5533)	3/5/1999 11:38:00 AM
From: Ram Seetharaman	Read Replies (2) \| Respond to of 6565

Philips Suit! Friday March 5 11:27 AM ET Philips Sues To Block Poison Pill WILMINGTON, Del. (Reuters) - Philips Electronics NV has sued VLSI Technology Inc. (Nasdaq:VLSI - news) and its directors to prevent them from using a so-called poison pill defense against the $777 million hostile takeover bid Philips launched Friday. Philips, in papers filed in the Delaware Chancery Court Friday, said the VLSI board ''had refused to redeem the pill despite the attractiveness'' of Philips' offer. The pill will delay VLSI's shareholders' ability to receive Philips' consideration until it can replace the California computer chip maker's board with new members, Philips said in its filing.