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


To: Frank Chen who wrote (7567)12/13/1997 6:45:00 AM
From: SLN  Read Replies (1) | Respond to of 13565
 
<<When I called three weeks ago when the stock started to slide, the IR person said "unsure.">>

I spoke with the company late last week. My first question was whether SEA has had any depreciable affect on the company. IR stated that through Nov., the company had not experienced "an appreciable effect" one way or the other regarding SEA. She then stated that the CFO had provided guidance earlier in Nov. to one analyst that there was a "slight" downturn on B-to-B in Nov as compared to Oct when it was "strong." She further stated that it was "too early" to tell for Dec.

As far as making any announcements, one way or the other, she stated that it was historic company policy not to make any announcements until the company was certain about their projections. It looks like we'll be dangling in the wind at least through the end of the month.