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Technology Stocks : ATML's future
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: Chris who wrote (47)3/12/1997 12:23:00 PM
From: Dana Breite   of 195
 
Hi, Chris -

Thank you for the First Call report. If I understand it correctly, the 1997 EPS estimate has been lowered to 1.88 and the 1998 EPS estimate has been lowered to 2.45. However, the expected long-term growth rate is still a strong 25%. Wouldn't that give us a price of $47 based on 1997 EPS and $61 for 1998 EPS with a 25 P/E ratio? I hope my math and my thinking are correct.

Dana
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