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Technology Stocks : Xicor ?

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To: jeffbas who wrote (2795)1/6/2000 8:13:00 PM
From: physicsdh  Read Replies (1) of 2920
 
The link didn't work but I know that ATML has been down the last two days and it didn't bounce...so what?...there must be 20 times in a year that the two stocks trade in opposite directions....often ATML will hit a series of highs while Xicor is languishing....then XICO hits some new highs while ATML is languishing...then they both hit new highs together..I expect IDTI, ALTR, and ATML to all bounce near term.

I sight ISSI rated a strong buy by SNDV with price target of $23. It hit a low around $12.75 yesterday morning and swung as high as $15.75 today. Not quite as large a move as XICO but still comparable...Don't tell me ADI is rumored to buy them also? <g>

I suggest you throw away your rear view mirror. Comparisons with ATML are not currently valid. The relative valuations based on projected earnings need to stabalize and even then the business model are quite different going forward.
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