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

To: turbi who wrote (9227)	11/17/1998 8:38:00 PM
From: Pete	Read Replies (2) \| Respond to of 13565

Hi thread, Last I heard atmel has lost significant market shares of their flash market. Losing money in one of their biggest depts is certainly hard to overcome given the fact that no other depts are stepping up to replace the revenue lost. I think it would be really hard for them to remain profitable for the next few quarters. We need to see a trend of several earning upside trends before this baby takes off. I believe it would be a good short if it breaks $15. Pete