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

To: Bonzo who wrote (5795)	3/18/1999 5:50:00 PM
From: otter	Read Replies (1) \| Respond to of 6565

My instant reaction: Super! 1. $17 is inadequate. Well Duh! 2. They "... should explore ... strategic alternatives, including a merger, sale or recapitalization of VLSI. The VLSI Board said those alternatives could include negotiations with interested parties, including Philips..." An auction? Oh boy! and last but most assuredly not least: 3. "VLSI will continue to engage in exploratory discussions with a number of parties regarding potential strategic alternatives available to VLSI, and such discussions are expected to lead to negotiations with one or more potential parties with respect to a potential strategic transaction." ARE EXPECTED TO LEAD TO A POTENTIAL STRATEGIC TRANSACTION. Which is - their words - merger, sale, or recapitalization (recapitalization? Do they mean - take it private?!)... A wild day tomorrow. I for one will bet on an increase in the price of our dear old VLSI. The message in my opinion is that we are for sale to the highest bidder. Alternative views?