Atmel - the trend is about to change Message Board

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Technology Stocks : Atmel - the trend is about to change

ATML 8.140

0.0%

Apr 12 5:00 PM EST

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To: hpeace who wrote (7493)	12/4/1997 9:14:00 PM
From: Vikas	Read Replies (2) of 13565

One bit of good news and the shorts who got in at 35+ will rush to secure profits. Perhaps it's time for the company to announce a stock buyback program like Xilinx did today. Due to the high number of options granted to employees nowadays, companies must find a way to deliver stock to those who exercise. The stock buyback allows companies to fulfill this obligation and they will generally make a comment such as "we feel our company is a good long-term investment" when announcing such buybacks (Atmel did it 2 years ago right around this time right around this price). If their internal forecasts are looking good for the 2nd half of next year, don't be surprised if they do it again. Vikas

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