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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: mike cobble who wrote (11212)7/14/2000 1:45:58 AM
From: Dan Spillane  Read Replies (1) of 13565
 
I'm wonder if we will see a rise to 50+ sooner rather than later. Look at the Altera (ALTR)and Microchip (MCHP) charts, and their product lines. Atmel overlaps with both these companies in terms of product, and has flash memory as well, which is in high demand.

Everyone is saying now demand will pick up towards the end of the year, and there will be little or no new capacity yet. Gateway, Sony, and others are starting to produce Internet, handheld, and wireless applianced in volume--on top of the cell phone and network demand.

Bigger demand and limited supply, plus the holidays and back to school, means good times for the chip companies. Surely for the next two quarters if not longer.
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