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Technology Stocks : Atmel - the trend is about to change -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (11901)10/20/2000 12:37:07 PM
From: Ian@SI  Respond to of 13565
 
Ok you win. I too would like all my companies to be priced at $100K a share or more just long enough for me to go to 100% cash. I'd gladly take the tax hit. :-)

Although my broker gives me the realtime goodies for free, I'm not really taking full advantage of them yet. I really do like the real time charts with the market depth info (on NASDAQ - Level 2 quotes). It really helped me pick the bottom on MSFT. NOT! I bought Monday morning, then went out jogging. An hour later when I glanced at the realtime chart, I was down almost $2 a share. So much for my TA skills. It's now 4 days later and I'm up $15/share. Courtesy of Mr Market rather than my realtime toys or my TA skill.

ATML is a good company. The demand is there. The capacity to meet it is coming, even if slower than we'd like. And if I heard correctly, 8-10% sequential growth will allow ATML to double its revenues in about 2 years or less.

When I first started following them, they were hoping to become a $1B company. Now they've at a $2B run rate; and $4B is not unrealistic within a couple years.

The story is compelling. Sooner or later the stock price will reflect the fundamentals.

Ian.