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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: H James Morris who wrote (7988)3/5/1998 7:39:00 PM
From: Chris  Read Replies (2) of 13565
 
MOT warns

Looks like we may see another new low for ATML the way things are going. MOT blames shortfall on sales of semiconductors:

"Motorola expects that the most significant contributor to the shortfall of the Company's first-quarter results will be its Semiconductor Products Sector. The Sector's Consumer Systems Group and Components Group have been affected by significant softness in demand in Asia and increased price pressure in most other regional semiconductor markets, as competitors seek to maintain unit volume production and market share during this period of slower growth. More normal growth rates and pricing are being experienced in the Sector's Networking and Computing Systems, Wireless Subscriber Systems and Transportation Systems Groups."

Not only that, but MOT says it's not selling phones either, and aren't they one of ATMLs better customers?

Chris
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