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: Mario who wrote (9627)	4/14/1999 7:24:00 PM
From: turbi	Read Replies (2) of 13565

Hi Mario -- actually it may not be 40 AT the end of the year, but I see it as having hit 40 BY the end of the year. And I'm hoping that's a conservative estimate. It's just that, if earnings hit my guesstimate of $.70 this year and $1.05 next year, a decent multiple (and still less than its growth rate of 50%) could justify such a price. If the estimate on Yahoo ($.67 this year, $1.27 next year) is accurate, it could be higher. I mean, that would be nearly a 90% growth rate from end of 1999 to end of 2000. And you're right about Atmel's not always following the NASDAQ up. In fact, I see a profound disconnect between Atmel and just about anything else except for caprice: it may or may not go up when INTC does, or XLNX, or the NASDAQ -- there seems to be no particular pattern. Today, of course, that was a benefit so maybe don't moan too loudly: despite the downdraft at the end, Atmel still closed strongly higher. Cheers/t

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