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

To: lifeisgood who wrote (5629)	3/9/1999 6:41:00 PM
From: otter	Respond to of 6565

Linda, Duane, Lifeis.... All very well said. We have all seen p....ing contests on some of these threads. They don't accomplish a thing. Recapping (for lack of any more anything to do): The stock traded again in a very narrow range, the price propped up by Lehman Brothers (?) whose interest is undisclosed but who might be fronting for our favorite French firm. Option activity according to the CBOE charts I use cboe.pcquote.com was very light compared (of course) to any day last week. VLSI delivered a revised press release confirming that their response period would be 3/18, in keeping with federal requirements. Nine calendar days (or less, I guess) and counting. I'm with you. We can all use some news....... as long as its good news.

To: lifeisgood who wrote (5629)	3/9/1999 10:11:00 PM
From: Duane L. Olson	Respond to of 6565

Fair enough, and if my reaction was overdone, I regret it. For fairly good reasons, my belief has been (and posted) that VLSI is "worth" something between $25 and $30 per share. It is based on Value Line estimates of future earnings ($2.00 per share in the 3 to 5 year future), discounted on a "present value" basis. It just happens that a figure of $28/share conveniently fits into my value assessment. Having been around the SI for a while, I recognize the superiority of fact and solid analysis over "various other approaches". And I fully support Linda's intent, and yours, in that regard. Hoping that we are on the same track I'm looking forward to many useful discussions in the future. Good luck! dlo