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: eDollar.com who wrote (8040)	3/19/1998 2:47:00 PM
From: Frank Chen	Read Replies (2) of 13565

Chinmoy, Talked to the IR of ATML. One thing is quite sure, ATML're not making any DRAM. Their paln is to shift from 70%Flash/30%logic to 30/70.. So far, the progress is 50/50. Also, they're still transitioning to 0.25micron in Fab7. Other Fabs are even more behind. "Management is confident with the debt", even though everyone with only one eye will see that the debt is quite high. Pricing stabilized, but still dropping at 5% per quarter. Guess with this progress/deterioration rate, will be another 6 month to see the results improving. Acquisition of TEMIC is still in discussion, IR don't know whether a charge will be issued this Q, or it'll be amortized over time.

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