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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: jeff s who wrote (9754)4/26/1999 3:41:00 PM
From: turbi  Read Replies (3) of 13565
 
From what you say, Atmel may deserve credit, but it's currently approaching a free fall though on still-light volume. Someone out there didn't like the report and, to be honest, I wasn't thrilled with it either. I really did expect better sales and earnings. And the difference between the $.17 company-reported earnings and the $.12 S&P-reported deficit seems to have folk concerned. Perhaps the light volume is a sign that most folk who came in on the recent rise are willing to give it a chance. Again today there was good news on a recent business agreement that should strengthen Atmel's competitive position. They seem to be doing the right things; the bottom line is not yet reflecting it, however. I believe it will, but WDIK? Cheers/t
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