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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: stockbug who wrote (9668)4/22/1999 4:56:00 PM
From: quidditch  Read Replies (2) of 13565
 
A cautionary note: the release says ATML benefitted from a pre-tax gain from asset sales of $14.9 million. The way I'm reading the income statement, that amount is included in the operating numbers, though it should be treated as a non-recurring gain. This would reduce income from recurring operations well below the estimate.

I'm long, but I don't like the smell of this. Any thoughts?

Regards. Liacos_samui
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