SI
SI
discoversearch

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 : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: rll who wrote (4415)1/22/1999 2:05:00 PM
From: Ausdauer  Read Replies (1) | Respond to of 60323
 
Thread,

ATML reported today. Earnings $0.09 this quarter. They had sales of over one billion for 1998, but will have a loss for the year. There are some useful tidbits in the report as it relates to price stabilization and demand for their flash products. They have had a trying year, but the stock is up $2 1/4 today on the glimmer of hope from 4th quarter earnings. This despite those dreaded two words..."limited visibility".

In conclusion Mr. Perlegos added, "While we are still in a limited visibility business environment, feedback from the channel and our customers indicate that business conditions will improve in 1999. This combined with a general stabilization in ASPs gives us confidence that revenues will continue to strengthen as we progress through this year. Recent design wins in such high growth areas as PC peripherals, consumer games, smart card applications, digital set top boxes and digital cellular phones give us confidence that Atmel will outperform the industry average in 1999."

go2net.newsalert.com

Get ready for Monday. We are going to shock the world.

Ausdauer
(24)