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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 (7794)1/9/1998 1:33:00 AM
From: John Ritter  Respond to of 13565
 
Frank,

Really great info on ATML, thanks a bunch, especially the comment "it won't be back to 25 for 3-6 months", I did notice the after hours trading low of 15, would have bought for a daytrade but currently don't have access and had business that day away from office.

Right now I like PLXS at 14 5/8, maybe this will gap back to 20 this month about the same time ATML is 15. It's all earnings driven in this market. The bad news is out of PLXS. I'm in agreement, maybe not all out in ATML quite yet, or the cycle hasn't bottomed. I'll play your strategy wait. I did good in FIBR and AXIM this week anyway, still long AXIM. CEA sounded good at 10, TERA I would have to study. I have a friend that does molecular design, used to use 'supercomputers', now happy with P233, but he's doing the math, next generation may be virtual calculations (3D molecular modeling). Could be a hit like CYMI after the IPO, 15 to 90 when sales took off earlier last year. Only have to be that right once in a while.

Good luck,

John



To: Frank Chen who wrote (7794)1/9/1998 2:47:00 AM
From: gpphantom  Respond to of 13565
 
Book to bill at 1.2 sounds good but it's up because the of the orders that didn't hit revenue due to LOC problems. Those bookings could go away all together if Asian crisis persists and LOC's don't materialize. As I mentioned in a previous post, Atmel's FX exposure surfaced as credit risk.