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Technology Stocks : ATML's future
ATML 8.1400.0%Apr 12 5:00 PM EST
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To: Chris who wrote (153)4/23/1997 11:48:00 PM
From: Dana Breite   of 195
 
Chris, I want to add that I sort of expected these downgrades, and to a great extent, I think they are already reflected in ATML's price. If ATML does make its $1.79 for the year and gets a decent P/E ratio of say 20, then maybe we can get to $35. I think the estimates reflect the very real possibility of a stronger dollar, so we may be OK (eventually) in spite of it. And if the Fed doesn't have a few raises up its sleeve, then we can all party. - Dana
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