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Technology Stocks : CYRIX / NSM -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (31900)	5/3/1999 9:22:00 AM
From: darren_	Respond to of 33344

Phillips/VLSI deal news.com Philips plans to use the acquisition as a platform for expansion in North America. VLSI designs and makes integrated circuits for wireless communications, networking, and consumer digital entertainment.

To: tejek who wrote (31900)	5/4/1999 6:09:00 PM
From: Scott Carr	Respond to of 33344

WSJ article: APR 29 Cyrix 4 sale? Wall Street has been betting on something happening to National Semiconductor Corp.'s Cyrix unit ever since rumors emerged a couple of weeks ago on an Internet investor chat group. Rumors of an acquisition, by International Business Machines Corp. or someone else, pushed National's stock above $14 a share before it eased to about $12. Spokesmen for National and IBM aren't talking. Analysts bet that Cyrix wouldn't fetch anywhere near the $550 million National Semi paid for it in 1997. The company trails badly behind Intel Corp. and Advanced Micro Devices Inc. in microprocessor design as well as manufacturing. The question is, what would be in it for IBM? Big Blue stopped making chips for Cyrix last fall. "I don't know why IBM would want to dive back into microprocessors," says Jonathan Joseph, an analyst at Salomon Smith Barney in San Francisco. "Going up against Intel is suicidal." But others say IBM could get a boost by snatching profits away from Intel and building chips for its own PCs.