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


To: Bipin Prasad who wrote (8797)8/25/1998 1:37:00 PM
From: turbi  Read Replies (1) | Respond to of 13565
 
Those are interesting valuations. The 8.8 P/E assumes, however, that Atmel will finally have positive earnings to report, rather than special charges and Asian Flu. But its recent behavior seems to question that assumption. We seem to be back in the "let's try to find the bottom" mode: markets are up strongly, and Atmel is eroding. Maybe this time, we'll successfully test the new lows, rebound, retest, rebound. Maybe this time.... Cheers/t