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

To: Linda Kaplan who wrote (5842)	3/19/1999 10:22:00 AM
From: DanZ	Read Replies (1) \| Respond to of 6565

Linda, Thanks for posting that research report, but which firm released it? Thanks, Dan PS: LEHM bidding 19 1/2 now. I'm guessing that they will move down a tick or two if too much stock builds up on the offer and their bid gets hit with too much. HMQT still at 19 3/8.

To: Linda Kaplan who wrote (5842)	3/19/1999 12:00:00 PM
From: Bonzo	Read Replies (3) \| Respond to of 6565

Amstgeld's Verbeek on VLSI's Rejection of Philips Bid: Comment Amsterdam, March 19 (Bloomberg) -- The following are comments from Maarten Verbeek, an analyst at Amstgeld, on the outlook for Royal Philips Electronics NV's bid to buy U.S. chipmaker VLSI Technology Inc. following VLSI's rejection of Philips' $777 million offer. ''The share price closed at $19 (yesterday) so there's no way they're going to buy even one share'' at the current bid price of $17 a share, said Verbeek, who rates Philips ''accumulate.'' ''Philips will wait to see if VLSI succeeds in finding a white knight. If not, they will raise their bid. ''At the beginning Philips' bid was very odd. Hardly any hostile bid is successful so I don't know why they took this way of getting in touch with VLSI.'' Verbeek said that speculation of possible companies VLSI could talk to about a merger or partnership has included STMicroelectronics NV, Europe's No. 2 chipmaker, Motorola Inc., and Texas Instruments Inc. ''There was a good fit between Philips and VLSI, but there could be a good fit between STMicroelectronics and VLSI or with other companies. ''Philips should make a higher bid. All the price Philips is willing to pay should be interesting enough for the other players not to bid. If there's no party that wants to make another bid for VLSI, then Philips will purchase the company.'' 11:40:38 03/19/1999 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 1999 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.