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Technology Stocks : ATMEL - w/o MB
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: JakeStraw who wrote (151)10/14/1996 9:42:00 AM
From: Jack Kunkle   of 200
 
J.G.

I agree that prop 211 served as a catalyst to ATML's statement in their earnings release. Now earnings estimates have been revised downward for 96 and 97, and some of the expectations for the short term in the stock have been removed. I think it is a win situation for investors because Atmel diverse product line has a strong probability to surprise on the upside. Additionally, if EPROMS continue to pickup to historical growth in bookings there will clearly be upside momentum.

Meanwhile Atmel announces another product line today!

Regards,

Jack Kunkle
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