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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 (6364)	5/3/1999 9:04:00 AM
From: Linda Kaplan	Respond to of 6565

Headline: BEFORE THE BELL - VLSI (NASDAQ:VLSI) on the rise ====================================================================== NEW YORK, May 3 (Reuters) - Shares in VLSI Technology Inc. rose in pre-opening trade Monday after the Netherlands' Philips Electronics (AMS:PHG) (NYSE:PHG) raised its bid for the computer chip maker. VLSI was up at 20-23/32 on the Instinet electronic broker system from an 18-14/16 Friday close. Philips' American Depositary Receipts were not active. The companies said Monday that Philips had raised its bid for VLSI to $21 a share from an initial offer of $17. Analysts said the takeover bid was an important technological step for Philips. Among other active issues, MediaOne Group Inc. (NYSE:UMG) was down slightly at 81-1/2 from an 81-9/16 close after sources said the cable company had accepted AT&T Corp.'s (NYSE:T) $58 billion cash-and-stock takeover bid. AT&T was up at 51-1/2 from a close of 50-8/16. Rival bidder Comcast Corp. (NASDAQ:CMCSA) was not active. Internet retailer Amazon.com Inc. (NASDAQ:AMZN) slipped to 168-1/2 from a close of 172-1/16. Biotech company Centocor Inc.(NASDAQ:CNTO) rose to 48-1/4 from a close of 44-6/16. REUTERS Copyright 1999, Reuters News Service