Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Michael Sphar who wrote (8000)	3/10/1998 11:46:00 AM
From: Frank Chen	Respond to of 13565

Michael, I think the stock could go even lower in the weeks before earning. Just look at the kind of nervousness in this "earning warning" month. I won't be surprised that ATML goes to 13 if more bad news comes from another big tech company. So, I'll wait. Besides, I think the best the company can do in this quarter is 0.33/sh before charges. It's not going to excite the street. But if 0.33/sh is reported, I think that's an indication of turning around and I'll buy at whatever price. However, there's a chance that it'll see a revenue decrease, then the stock could go to 8-10 in very short time. So, safer to be late than too early. Frank