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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: Frank Chen who wrote (8046)3/19/1998 5:26:00 PM
From: eDollar.com  Read Replies (1) of 13565
 
The better shift to logic than put emphasis on flash.
Flash is no longer as lucrative as it used to be (same as DRAM was booming in 1994-1995 season.

IDTI is moving form SRAM to logic and stock is recovering from 9 to 14. (50% +) in this down semi market.

I sold ATML a year and half ago at 27 just because of so much depencence on flash.

The company even at 14 is still pricey if they want to stay only in flash (unless there is a steep increase demand/supply ratio for flash).

Although wall street behaves differently, if it behaved according to fundamentals stock is not out of the woods yet.
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