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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 (6445)5/12/1999 11:05:00 PM
From: Esvida  Read Replies (1) | Respond to of 6565
 
I just got my tender paper today. I think they will get a truck load of those in coming weeks - either from shareholders or from arbs. They will likely get enough shares. The question, not just for this case but in general, is if after they've had enough tenders someone else raises the offer, how will that play out? Do people already tender have to offer the shares to Phillip?



To: Linda Kaplan who wrote (6445)5/15/1999 12:05:00 AM
From: Ram Seetharaman  Read Replies (3) | Respond to of 6565
 
IMHO, I will be surprised if Philips gets more than 20 % by June 1. If it fails and we get another quarter of good earnings from VLSI then VLSI will be at $ 30 by Fall!


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