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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 (6244)4/19/1999 6:23:00 PM
From: schlep  Respond to of 6565
 
Board Please confirm:
without the Phillips bid and $4.5M expense, earnings would have been nearly $0.10 and
really blown away estimates? Then again, without the ARM gain, or the Philips bid, we
would have been about -$0.02

SO, based on this, we did NOT meet estimates?

*****
....net income in the first quarter was $2.3 million, or $0.05 per share diluted,......

In the first quarter of 1999 VLSI recorded a pretax charge of $4.5 million for expenses
relating to the unsolicited tender offer by Royal Philips
Electronics. The company recorded pretax gains of $7.8 million in the first quarter of 1999
and $22.4 million in the fourth quarter of 1998,
primarily as a result of the sale of ARM Holdings Ltd. shares.
*****

schlep



To: Linda Kaplan who wrote (6244)4/19/1999 6:23:00 PM
From: zbyslaw owczarczyk  Respond to of 6565
 
Linda -- Do you have replay No of cc.

Zbyslaw



To: Linda Kaplan who wrote (6244)4/19/1999 6:50:00 PM
From: zbyslaw owczarczyk  Read Replies (2) | Respond to of 6565
 
Linda--I spoke to VLSI and there will no CC, b/c of Philips.

Zbyslaw



To: Linda Kaplan who wrote (6244)4/19/1999 7:17:00 PM
From: OldAIMGuy  Respond to of 6565
 
Hi Linda, Mr. Stein didn't pick the best day to announce the news! However, maybe the market will remember what he said long enough to get over its current bit of blues.

Best regards, Tom



To: Linda Kaplan who wrote (6244)4/19/1999 8:19:00 PM
From: John Stockman  Read Replies (1) | Respond to of 6565
 
Linda,

Good earnings for VLSI. I might just have to jump in and buy
some again. Not.

Anyways, did you short those stocks I told you about?
CNET, INKT, ATHM, XCIT and others I shorted made me
a rich man today. I love those overhyped internet stocks.
I'll be over at the INKT board, flaming those "investors"
(which are really gamblers) about their poor decisions.

Later, and continue on giving them hell.