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

To: Ram Seetharaman who wrote (5939)	3/23/1999 9:19:00 AM
From: Linda Kaplan	Read Replies (1) \| Respond to of 6565

Quote.com News Item #9502599 Headline: VLSI Sets Record Date for Philips Consent Solicitation ====================================================================== SAN JOSE, Calif., March 23 /PRNewswire/ -- VLSI Technology, Inc. (NASDAQ:VLSI) today announced a record date of April 1, 1999 for the proposed consent solicitation by Royal Philips Electronics related to Philips' unsolicited cash tender offer for all of the outstanding shares of VLSI at $17.00 per share. As previously disclosed, VLSI has filed with the Securities and Exchange Commission preliminary consent revocation materials opposing Philips' consent solicitation of VLSI's stockholders. VLSI Technology, Inc. designs and manufactures custom and semi-custom integrated circuits for leading firms in the wireless communications, networking, consumer digital entertainment and advanced computing markets. The company is based in San Jose, Calif. with 1998 revenues from continuing operations of $547.8 million, and approximately 2,200 employees worldwide. Information related to VLSI Technology is available at VLSI's homepage, vlsi.com. SOURCE VLSI Technology, Inc. -0- 03/23/99 /CONTACT: Analysts-Investors - Lisa Ewbank, Director, Investor Relations of VLSI Technology, Inc., 408-474-5519; or Media - Todd Fogarty of Kekst and Company, 212-521-4800, for VLSI Technology/ /Web site: vlsi.com