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


To: Esvida who wrote (6450)5/13/1999 7:10:00 AM
From: Linda Kaplan  Respond to of 6565
 
I believe that buying at this high bid has primiarly been for PHG, not the arbs. --Linda



To: Esvida who wrote (6450)5/13/1999 10:04:00 AM
From: Linda Kaplan  Respond to of 6565
 
You were right that it was the arbs who were buying, not PHG!!! The price dropped because of the additional 2 week wait as well as possible uncertainty that the deal will be culminated. Fascinating!!!

Linda



To: Esvida who wrote (6450)5/14/1999 12:34:00 AM
From: Pat Lombardo  Read Replies (1) | Respond to of 6565
 
Yes
I am in the Business and I use to work
in what they call the reorganization section
Tenders, mergers, aquisitions...

I was not to familiar with the TENDER side
BuT I did call my friend and if someone should
Over bid higher price we get to exercise our Tender
for the Higher Price so we are Protected....

Hope this helps