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: turbi who wrote (8051)	3/19/1998 9:07:00 PM
From: Jim Lou	Read Replies (2) of 13565

<I HOPE it doesn't go to 4 or even 8, but when the market decides to collapse, Atmel could join in. > This time it is going to do better. Here is what Perlegos said last time: "The book to bill ratio for the quarter is expected to exceed 1:20. And absent further deterioration in the Asia situation, we expect to grow revenue moderately in the first quarter of 1998." (This was said on January 12) Asia's situation does not seem to have further deteriorated. I think it is improving, with Japan bouncing back, Thailand improving, Hong Kong moving ahead, China resisting well currency devaluation pressure, wireless communication sector being "not much affected", etc... I am hopeful for a better quarter. Besides, with book value $9, I don't expect too much downside, if it does not rise from here. Anyone knows what the short interest is like for the stock?

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