Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: NateC who wrote (10027)	3/22/1999 12:03:00 AM
From: NateC	Respond to of 14162

for anyone interested in VLSI,It is curious that Phillips tried to buy VLSI for only $17...when a 15% premium is the industry standard. Still....it seems correct that the Phillips offer has propped up the stock price. Still....those cheap Jan 01 LEAPS???? :-) ================================ San Jose, California, March 21 (Bloomberg) -- Royal Philips Electronics NV asked semiconductor maker VLSI Technologies Inc. to discuss its buyout offer that was rejected by VLSI, and said it's ready to begin talks this week in California. ''We would be delighted to negotiate with you,'' wrote Arthur van der Poel, chairman and chief executive of Philips Semiconductors, the Royal Philips unit that made a $777 million hostile offer VLSI spurned last week. His comments were in a letter that VLSI included in a U.S. Securities and Exchange Commission filing Friday. Philips, Europe's largest consumer-electronics maker, last month offered $17 a share for VLSI, seeking the company's high- performance chips in part to help it improve its unprofitable cellular phone business. San Jose, California-based VLSI rejected the offer, saying it was inadequate and that it would pursue options that include selling to another company or negotiating with Philips. Philips spokesman Jeremy Cohen said he couldn't provide any further details, including whether Philips would increase its offer for VLSI. The AFX news agency reported today that Netherlands-based Philips is seeking to discuss new terms with VLSI. VLSI officials couldn't be reached for comment. In his letter, van der Poel said he will call VLSI Chief Executive Alfred Stein tomorrow to schedule meetings. VLSI's shares had fallen from a high of 21 7/8 to 6 3/4 in October, before rising following the Philips' bid. VLSI rose 9/16 to 19 1/2 Friday, while Royal Philips' New York shares, each equal to one regular share, fell 7/17 to 79 5/16.

To: NateC who wrote (10027)	3/22/1999 11:02:00 AM
From: RDHickman	Read Replies (1) \| Respond to of 14162

Nate, I don't think you are NUTS. You didn't indicate what your interest or purpose was so I was trying to present to you questions I would ask myself. Seeing your Message #10028 this morning, I assume you are aware of the VLSI Thread. Your inquiry made me curious so I checked it out last night. Interesting. That Thread seems to have a number of knowledgeable people and most of them are enthusiastic. Quite a thing going on there! After Due Diligence, there could be a play there for you. I like the idea that you are looking for inexpensive opportunities. I had asked (anyone reading) about indicators in my message to you. Found 9 pages of INDICATOR definitions on the chart-site that Herm is using currently at iqc.com. under Education. Good stuff! Right under my nose all this time. You said you prefer "other" indicators. Would you share which Indicators you prefer and why? I would appreciate that. Thanks /Dick