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

To: stockbug who wrote (9703)	4/23/1999 9:30:00 AM
From: m33806	Read Replies (3) \| Respond to of 13565

The 17 cents is pure earnings from operations! The $14.9 million taxable gain from asset sales is not included in the 17 cents. Only the tax hit from it is included. The rest is netted with the 29.1 million accounting charge. This was a big balance sheet transaction. In the year end 1998 10k, the company reported that a charge of $49 million for an accounting change would take place in Q1 of 1999. We ended up with $29 million so a lot of netting was done. You have to study the balance sheet to figure it out. Had management included the $14.9 million in revenue and gross profit, they would be on their way to the slammer by noon. Such accounting is criminal. See you all at $25 to $26 are at the close.

To: stockbug who wrote (9703)	4/23/1999 9:33:00 AM
From: Ian@SI	Respond to of 13565

Stockbug, You are being far too charitable when you imply the turkeys are just being naive. They're deliberating attempting to frighten uninformed stock holders. Short term, they may create a buying opportunity. ATML's merits will come through after common sense prevails. Ian.