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'atmel in trouble?'
1998\01\13@205809 by William Chops Westfield

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EETimes reports that Atmel will report a loss this quarter, and will
cut their capital budget 37% (400 to 250 million dollars) for 1998.

I wonder what that will do to the AVR chips, which aren't well entrenched
in the hearts of the market yet :-(

http://www.techweb.com/se/directlink.cgi?EET19980112S0048

BillW

1998\01\13@215237 by Andrew Warren

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William Chops Westfield <spam_OUTPICLISTTakeThisOuTspamMITVMA.MIT.EDU> wrote:

> EETimes reports that Atmel will report a loss this quarter, and will
> cut their capital budget 37% (400 to 250 million dollars) for 1998.
>
> I wonder what that will do to the AVR chips, which aren't well
> entrenched in the hearts of the market yet :-(

   Yeah, Atmel's not doing real well.  Their stock was in the $40
   range a few months ago, and it's been steadily dropping... Today
   it's at 16-5/8, and the company has just announced its intention
   to buy back 5 million shares (in addition to the 5 million they
   bought two years ago).

   Microchip's stock is also doing pretty poorly, although not
   quite as badly as Atmel's... From $45 or so in October,
   Microchip stock has dropped to about $25.

   -Andy

=== Andrew Warren - .....fastfwdKILLspamspam@spam@ix.netcom.com
=== Fast Forward Engineering - Vista, California
=== http://www.geocities.com/SiliconValley/2499

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