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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: Ravi R who started this subject7/17/2003 4:58:00 PM
From: Big Bucks  Read Replies (1) of 13565
 
Atmel 2nd-qtr net loss narrows, revs up slightly
17 Jul 2003, 4:38pm ET

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SAN FRANCISCO, July 17 (Reuters) - Atmel Corp. (NASDAQ:ATML), a maker of memory chips and custom semiconductors, reported on Thursday its quarterly net loss narrowed from a year earlier and revenues rose slightly on improving demand in most product lines.

San Jose, California-based Atmel posted a second-quarter net loss of $44.1 million, or 9 cents a share, compared with a year-earlier net loss of $478.9 million, or $1.02 cents a share, which included asset impairment charges of $341 million. Revenues rose to $318.5 million from $314.8 million a year earlier, the rival of Advanced Micro Devices Inc. (NYSE:AMD) said.
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