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Technology Stocks : Atmel - the trend is about to change
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: Barry Cartwright who wrote (7513)12/7/1997 11:38:00 PM
From: hpeace   of 13565
 
barry, the 1.2 btb could be an old number.
that is what they reported last qtr...
it could have changed.
I think the issue is that 35+% of their business is in Japan.
when the Yen exchange rates go from 120 to 130 per $...they lose
8% when exchanging back to $'s, unless they hae hedged the currency, which you would think after their Jan97-apr97 problem with this they would have learned their lessen and got prof. help on this.
plot the rates over a yr.
pacific.commerce.ubc.ca

good luck and I do hope 35 by end of jan98/////
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