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: OZ who wrote (9684)	4/23/1999 7:21:00 AM
From: John Finley	Read Replies (2) of 13565

Re:>>But if you subtract the capital gain (14.9) from the net earnings (16.7) and recompute the EPS, the new number is only 2 cents per share net earnings for the quarter. Based on this math, I find it almost impossible to believe that ATML came in this low.<< I agree with you. Since the sale of assets would have very little cost of sales and no manufacturing costs, most of it would add right to the net earnings. With the increasing revenues reported and the EPS last quarter this doesn't make sense. One possible scenario is that it reduced the accounting-change charge TO 29M. I wish they had been more specific but after further reflection they had a kick-ass quarter! JF

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