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

To: JDN who wrote (9805)	5/12/1999 12:12:00 PM
From: John Finley	Respond to of 13565

Uh-oh, smart cards relating to ecommerce. Isn't this related to internet infrastructure? <gg> Internet multiple anyone? Here, I'll pass the pipe <g> JF

To: JDN who wrote (9805)	5/12/1999 12:20:00 PM
From: Tom Nguyen	Read Replies (1) \| Respond to of 13565

5/10/99 Paine Webber re-iterated buy "reiterates buy, target $35, sales of Flash memory devices remain very robust, as demand for cellular telephone manufacturers continue to be strong" 5/7/99 Soundview "reiterates buy, positive comments from mgmt" nordby.com

To: JDN who wrote (9805)	5/12/1999 8:54:00 PM
From: Mario	Respond to of 13565

JDN my guess is that is exactly why Prudential upgraded. If you notice this press release they also upgraded STM which just happens to have no.1 market share in smart cards. Prudential sees what the smart card business will be 2000 and beyond. Mario Wednesday May 12, 10:51 am Eastern Time RESEARCH ALERT-Prudential ups chip equipment co's NEW YORK, May 12 (Reuters) - Prudential Securities raised its ratings on two semiconductor equipment makers on Wednesday, according to a source at the brokerage. -- Prudential raised its rating on shares of Atmel Corp. (ATML - news) to a strong buy from accumulate rating, the source said. -- Prudential raised its rating on American Depositary Receipts for STMicroelectronics NV (STM - news) to a strong buy from accumulate, the source said. -- Further details from the brokerage were not immediately available. -- Shares of Atmel were up 1-5/8 at 20-3/8 on the Nasdaq stock market. -- Shares of STMicroelectronics were up 2-7/16 at 110-1/2 on the New York Stock Exchange.