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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 (5583)	3/8/1999 9:42:00 AM
From: Larry S.	Read Replies (1) \| Respond to of 6565

The stocks's in play. VLSI is dead meat as an independent company. the question now is who and what price. we're in the 2nd or 3rd inning. larry

To: otter who wrote (5583)	3/8/1999 11:34:00 AM
From: Ram Seetharaman	Read Replies (1) \| Respond to of 6565

I just saw Joe Kernen on CNBC about 11:10 A.M talking about VLSI/Philips. He mentioned that lowering the threshold to 10 % should make it harder for Philips to acquire VLSI. He also mentioned that VLSI is trading higher than the ask of $ 17. I agree with him. I think a counter bid is coming soon! With all this the stock should head into the 20s by April 1. What happens if Philips pulls their bid back on 4-1-99 - that is hard to say without a counter offer in the offing! With a counter offer we should be fine. Without it, we may languish.