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


To: otter who wrote (6138)4/8/1999 11:08:00 AM
From: Linda Kaplan  Respond to of 6565
 
Buying is coming in now. I believe that the stock will go up from here. Ask has moved back up to 19-3/8.

It is usually the case that there's no announcement till a deal is struck. If there are tentative offers we probably won't hear about them unless they're accepted. So a company could be offering VLSI 23 and we just won't know unless it's at the point now that Phillips has been given a chance to make a counter offer, for example. I don't think it means there's no wheeling and dealing just because we have no announcement of any offers.

Linda