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


To: FastC6 who wrote (13319)3/4/2004 1:44:38 PM
From: tech101  Read Replies (1) | Respond to of 13565
 
Credit card companies lost millions and millions dollars in security problems and fraud. Smart card is much more secure, delivering more information, and is now widely used in Europe and Asia countries. With the cost of smart card getting lower and lower, the credit card companies and all the merchants have every incentive to adopt the new technology.

Target's backing off from their ill-fated loyalty program is totally understandable, and Target is just a small potato in the retailing business. Look at what WalMart is doing with the RFID program, we can imagine that ATML is wasting no time to grab the opportunity.

If Target were the cause for the recent bigger (than its peers) drop of ATML, then it is a good opportunity for the investors.