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


To: turbi who wrote (9811)5/12/1999 3:16:00 PM
From: Henry Eichorszt  Respond to of 13565
 
5/12/99 9:50 am... ATMEL (ATML 20-1/8) UP 1-3/8, PRUDENTIAL UPGRADES TO STRONG
BUY FROM ACCUMULATE... Analyst Hans Mosesmann convinced co. directly
benefitting from overall semiconductor industry recovery, increasing fab
utiliziation rates... Also cites drastic recovery in non-volatile memory
market, initial ramp of true high-volume system-on-a-chip... Believes strong
bookings patterns in 2Q will translate into revenue, EPS acceleration in 2H
'99... Says co. excellent play on recovery of industry with superior
risk/reward at current stock price... Maintains $0.72 '99 EPS est... Raises
$1.15 '00 to $1.50... Raises $26 12-month target to $35./B.Brodie

-0- ATML $ (0242) 05-12-99 09:50 AM EST



To: turbi who wrote (9811)5/12/1999 3:18:00 PM
From: Daniel Gilbert  Read Replies (1) | Respond to of 13565
 
To All:

The ATML/ MSFT partnership is great news. My question is, how many other companies is MSFT developing smart cart capability with? From the press release, it appears ATML maybe the only one?

Hopefully, will see some momemtum back into ATML.

Daniel