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


To: JDN who wrote (8783)8/21/1998 3:48:00 PM
From: Don S.Boller  Read Replies (1) | Respond to of 13565
 
JDN: I am not (yet) a part owner in ATML...so I can't claim to
"feel your pain". But, while this is no comfort to you - I am
sure - tomorrows list of stocks hitting new lows...will include a
few names BESIDES ATML...some of these are real big boys
too. (See the oils and drilling sectors, e.g.).
It is usually darkkest - before the dawn.
When the believers - toss in the towel....I'll look
to buy. (Sorry, but I DO THINK MONEY IS MADE BY
GOING AGAINST THE CROWD).
Best,
Don



To: JDN who wrote (8783)8/21/1998 6:24:00 PM
From: William Grady  Read Replies (2) | Respond to of 13565
 
Actually we are very close to a 5 year low as Atmel hasn't been this low since towards the end of 1993. I figure I'm either going to make a lot of money on this stock or loose all I have invested in it. I haven't seen any news to shake my faith in the long term prospects of this company and their management. I have seen a plethora of new product announcements and the acquisition of Temic which gives them the silicon-germanium technology which George Gilder has been touting. In the July 1997 Gilder Technology Report highlighted the cost and manufacturing advantages of SiGe over GaAs chips. With relatively minor modifications of existing CMOS fabrication processes, SiGe semiconductors may be produced for near the price of traditional silicon ICs. Yet SiGe chips will operate at higher frequencies competing directly with GaAs chips costing some 10 times more.

Before jumping off of the sinking Atmel ship the following articles (posted before) are worth re-reading:

techweb.com

eb-mag.com



It would be nice if Atmel would announce a buy back program to support their stock, but looking at their long term debt; they probably can't afford it.