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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (29301)12/4/2002 2:00:32 PM
From: Ditchdigger  Read Replies (1) | Respond to of 29382
 
Another stock I have a love/hate relationship with<g>..ATML. I bought some shares today on the gap fill(2.82) from nov 25 (INTC's announcement day of flash memory price hikes) Have a stop at 2.72. A good percentage of ATML's revs come from flash memory..From their last q report.
"We derived 31% of our revenues in the third quarter of 2002 from the commodity memory portion of the semiconductor industry, compared to 42% of our revenues in 2001, 37% of our revenues in the third quarter 2001 and 31% of our revenues in the second quarter 2002"
My hope is, INTC will pump this price increase in their mid Q report..Both ATML and INTC have pulled back to resistance levels from aug/sept..whether they hold or not,we shall see, very heavy volume for atml..
stockcharts.com
stockcharts.com[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G