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To: J Fieb who wrote (39169)3/7/1999 11:55:00 PM
From: Stoctrash  Read Replies (3) | Respond to of 50808
 
Hey..at least they got an offer....and it's public info.
Just for sh$t's & giggles:
What if there was public info that XXXXXXXXXX
offered CUBE 30+...and the board said "nope"
...how would you feel? Maybe just like these guys?
biz.yahoo.com

On Friday, Philips launched an all cash, all shares hostile tender offer of $17.00 a share to VLSI stockholders, a 58 percent premium over the stock closing price on February 25, the day before Philips first made public its merger proposal. VLSI said it has scheduled a board meeting March 23 to consider the offer.

In one of the suits filed Thursday in the Delaware Chancery Court, plaintiff Felicia Bernstein accused the board of ''foot dragging.''

''Defendants' failure to promptly and properly act upon Philips offer evidences their disregard for the premium being offered to VLSI shareholders. By failing to properly pursue the offer, defendants are depriving (Bernstein and the class)...of the opportunity to receive maximum value for their shares,'' the lawsuit says.

In addition to asking the court to compel cooperation with any potential acquirer, the lawsuit wants VLSI to ensure that if any conflicts-of-interest do exist on the board, they be resolved ''in the best interests of the public stockholders of VLSI.''

''in the best interests of the public stockholders of VLSI.''
''in the best interests of the public stockholders of VLSI.''
''in the best interests of the public stockholders of VLSI.''
''in the best interests of the public stockholders of VLSI.''
''in the best interests of the public stockholders of VLSI.''
''in the best interests of the public stockholders of VLSI.''



To: J Fieb who wrote (39169)3/8/1999 5:00:00 PM
From: John Rieman  Respond to of 50808
 
HBO broadcasts HDTV to...no one...........................

twice.com

HBO Set To Begin HDTV For No One
- -March 8, 1999

HBO was scheduled to begin its first HDTV broadcasts March 6, although at press time no cable or satellite carriers were ready to transmit the new services to viewers.

The premium movie network said it will use the early transmissions of HDTV movies to fine-tune the system as it waits for a carrier to catch up.

Both DirecTv (via USSB, which it will acquire midyear) and EchoStar (beginning HDTV service this fall) have announced plans to add HBO HDTV channels, but DirecTv must await its pending acquisition of USSB to be finalized first, while EchoStar has not yet delivered HDTV-capable receivers to market.

Thus far no cable operators have announced plans, although Cablevision and Time Warner are experimenting with HDTV transmissions and appear to be likely first targets.

Although HDTV signals will be transmitted, not all of HBO's initial schedule includes (1080i) HDTV-mastered material.

The network said its east and west coast HDTV channels will offer the same programming schedule as the main HBO channel. Of that, approximately 45% of the initial movies will be offered in high definition, growing to 60% by the end of the year. Those movies not mastered in HDTV format will be converted from standard definition to 1080i for transmission, according to HBO.

HBO will begin high-definition broadcasting at 8 p.m. on March 6 with U.S. Marshals, and on April 10, the network will offer Titanic in HD.

Other movies slated for HD in March include Amistad, The Fifth Element, The Peacemaker and Sphere. Additionally, HBO offers original movies in HD such as Barbarians at the Gate, Earthly Possessions and Lansky.

Other movies scheduled for April include The Apostle, City of Angels, The Full Monty and L.A. Confidential, with HBO originals The Jack Bull and Truman.