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: JDN who wrote (8533)	7/1/1998 1:06:00 PM
From: JakeStraw	Read Replies (1) of 13565

JDN, Maybe so, but they seem to be grasping for straws here. Their older products became commodities & their margins fell. Now they are trying to buy their way back into new markets & products with acquisitions. Smart strategy? Who knows. The stock buy-back was nothing more than a management PR campaign after reporting yet another quarter of slowing numbers. BTW, I wonder just how many shares they actually bought back?! As I said after that press release, the money could be used for better purposes like paying down debt or R&D. As for them trying to improve shareholder value, then why is the stock trading in the $12-$13 dollar range. A significant drop from the $30's & $40's where it used to trade.

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