SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (1976)9/18/2000 9:03:42 AM
From: lindelgs  Read Replies (1) | Respond to of 65232
 
Atmel and Siemens Sign One and a Half Billion Dollar, Four Year Supply Agreement
LONDON, Sep 18, 2000 (BUSINESS WIRE) -- Atmel Corporation (Nasdaq: ATML chart, msgs) and Siemens AG last month concluded a framework purchasing agreement which could see Atmel become a significant semiconductor supplier to Siemens in support of their expanding product offerings. Under the agreement, Atmel agrees to sell and Siemens agrees to buy $1.5 billion of products over the next four years.

Atmel has also agreed to acquire specific manufacturing assets, including a fabrication plant and some equipment in North Tyneside, England. This will facilitate the appropriate manufacturing infrastructure and production output to support the Siemens requirement.

George Perlegos, Atmel's President and Chief Executive Officer said, "The signing of this supply agreement strengthens the relationship between the two companies. Atmel is delighted to be associated with Siemens in this venture, which also will help us grow our design and manufacturing presence in Europe."

Atmel will install CMOS, BiCMOS and Silicon Germanium process technology in the new fab and will manufacture .18 micron 8 inch wafers for non-volatile memory and microcontroller products.

Specific financial terms of the agreements were not disclosed.

About Atmel

Founded in 1984, Atmel Corporation is headquartered in San Jose, California with manufacturing facilities in Colorado Springs, Colorado, Nantes and Rousset, France and Heilbronn, Germany. Atmel designs, manufactures and markets on a worldwide basis advanced logic, mixed-signal, non-volatile memory, and RF semiconductors. Atmel is also a leading provider of system level integration semiconductor solutions using advanced CMOS, BiCMOS, BiPolar and SiGe process technologies.

Atmel product and financial information are available from its Fax-on-Demand service. In North America call 1-800-292-8635 or Internationally, call 1-408-441-0732. Requests may be made via e-mail to literature@atmel.com or by visiting Atmel's web site at www.atmel.com.

Note to Editors: Atmel, the Atmel logo and combinations thereof and others contained herein, are trademarks of Atmel Corporation.



To: Voltaire who wrote (1976)9/18/2000 9:43:26 AM
From: Dutch  Respond to of 65232
 
Voltaire,
CC strategy: If you can get your broker to have back office pull called shares from your IRA instead of your taxable account you can prevent wash sales or avoid additional capital gains.

Ex. Bought SSTI at 85 wrote july 85's for $14, split 3 for 1 and new basis is 28.33. Following a drop I wrote Sept 26 3/8 for $3. Well I got called and they are pulling those from my IRA, thus avoiding a wash sale. I would have bought them back and written on them again. Now I will write oct 30's and recieve that premium and buy SSTI back in my IRA.

I have other examples, but thought this would do for illustration purposes. My broker is one of my best friends and he agreed to do it, but they hate doing this.

Dutch



To: Voltaire who wrote (1976)9/18/2000 1:27:59 PM
From: abuelita  Read Replies (1) | Respond to of 65232
 
What is your feeling on the action today Tom.
Do you anticipate a turn around of sorts near
the end of the day?
Inquiring minds need to know, and all that.
rose



To: Voltaire who wrote (1976)9/18/2000 2:41:40 PM
From: Dr. David Gleitman  Read Replies (1) | Respond to of 65232
 
Hi Voltaire:

Used this morning to sell cc's on the Oct 260's BRCM at 9.5, then bought them back at 7 early this afternoon. Looking for some type of turnaround to sell them once again. Also picked up some JNPR that was taken out from me after selling the Sept 200's, bought them back at 195.

Now does anyone know what is going on here. Last I checked, this is still september, not october. Maybe it's a reverse leap month?

Picked up the audio book on CD the "Fortune tellers" Talks about the various personalities Cramer, cast members of CNBC and others (didn't get up to that part yet). Interesting stuff, considering that these people represent a significant force in moving/manipulating the markets.

Best regards,

David



To: Voltaire who wrote (1976)9/18/2000 3:25:26 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
SOX index at a trendline lower boundary now
SOX is semiconductor index
could be about the end of it for INTC
/ Jim