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: Wes S who wrote (7722)	1/6/1998 7:27:00 PM
From: Tom Nguyen	Read Replies (4) of 13565

Wes: Atmel was halted, then resumed at 5:18 pm with no trade I read the news. It contains some negative and positive messages. Charge for account receivable, inventory, and France plant: result in loss---negative, but a smart move. Book to bill to exceed 1.20--positive Q1 98 to have moderate growth (with assumption) --positive 98 outlook uncertain, but company believes to grow faster than industry average--positive Reduced 98 capital expenditure--positive The stock already took a beating. I don't think it will drop steeply from here. The cat is already out, and the stock may go up from here. This is my opinion only. Let's see how the stock goes tomorrow. Praying. Tom

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