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

To: quidditch who wrote (9680)	4/22/1999 8:12:00 PM
From: jerryrom	Respond to of 13565

What would Atmel's earnings be without the 14.9 million? Anyone? Thanks, Jerry

To: quidditch who wrote (9680)	4/22/1999 8:18:00 PM
From: stockbug	Read Replies (2) \| Respond to of 13565

No publicly traded company would ever do anything that violated standard accounting practices or SEC reporting guidelines. Would all of you quit trying to find fault, someone might believe you. One analyst publicly admitted he goes to theses threads for info first when the Pairgain mess was happening about 2 weeks ago.

To: quidditch who wrote (9680)	4/22/1999 8:21:00 PM
From: OZ	Read Replies (1) \| Respond to of 13565

When I read the report, it IS very easy to believe that the one time capital gain bolstered the net earnings per share. But if you subtract the capital gain (14.9) from the net earnings (16.7) and recompute the EPS, the new number is only 2 cents per share net earnings for the quarter. Based on this math, I find it almost impossible to believe that ATML came in this low. Not when you read all the positive points mentioned in the report. The effect of the one time capital gain on net earnings per share must be either NONE AT ALL or somehow SPREAD across the quarters (thereby diluting) by the accountants. I hope this theory holds, as I am long w/ 100 contracts at 20 and 22.5 May expiration. regards, OZ