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


To: ron delany who wrote (6104)4/5/1999 11:50:00 AM
From: Linda Kaplan  Read Replies (3) | Respond to of 6565
 
See Dan's post, which may address what could happen if Phillips withdraws: the stock could continue to go up because the fundamentals have been firming and the stock rising to its more true value.

So basically, I am not sure that the stock would drop now if Phillips withdraws. Also, remember there are suitors, so maybe someone else will come through with a good offer.

Dan could be right that the BOD may not accept anything under 30. Remember that with the stock price at 20 now, a price of 30 is only a 30% increase.

Linda