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

To: turbi who wrote (9842)	5/25/1999 11:51:00 AM
From: turbi	Read Replies (1) \| Respond to of 13565

Hi thread -- the news today is yet another selection of Atmel, this time microcontrollers for web use. It is this kind of acceptance of Atmel's products that will lead to better earnings results soon and that may (emphasis on the "may") lead to strongly improved stock prices in anticipation -- but I believe only after folk see the trend change positively. Earnings have to turn around; then the high P/E multiple will work for Atmel in advance of the even higher earnings. That's why I see 30 by July earnings, 40 sometime this year, and 80 sometime next year. Cheers/t