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Technology Stocks : Xicor ?

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To: Ram Seetharaman who wrote (2654)11/16/1999 10:28:00 PM
From: steve olivier  Read Replies (1) of 2920
 
Another piece of news that things are great in semi land. Companies don't split their $48 stock unless they know that the future results will be good enough to keep what will become a $24 stock from going into the teens. This is a lay-up for a 50-100% gain in ATML over the next 6-12 months. Of course, IMO, your percentage gains will be much larger in xicor.



Atmel plans two-for-one stock split

Semiconductor Business News
(11/16/99, 06:19:54 PM EDT)

SAN JOSE--Atmel Corp. here today announced a two-for-one stock split for shareholders of record at the close of business on Dec. 3. The split will increase Atmel's outstanding shares of common stock to 201.7 million from 100.9 million.
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