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   Technology StocksAtmel - the trend is about to change


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To: JakeStraw who wrote (13525)5/23/2006 3:50:27 PM
From: English Cowboy
   of 13565
 
Do you think Perlogos is waiting for a better offer? He could actually walk away with a chunk of change from this deal.

I knew these guys when they came over from SEEQ and started Atmel, in fact I'm still waiting for the founder's stock they promised me (Ha!Ha!)

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To: English Cowboy who wrote (13526)5/23/2006 3:56:08 PM
From: JakeStraw
   of 13565
 
I really haven't been following ATML too closely the past few years. The company seems to have been mismanaged for quite awhile now. I would think mgmt would be happy to sell and cash in...

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From: Ian@SI6/30/2006 8:16:33 PM
   of 13565
 
extraordinary volume today - my quote provider is showing 46.5M shares (including ah) up 10% for the day. This is about 4X yesterday's volume which also was much higher than the normal daily average.

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To: Ian@SI who wrote (13528)7/9/2006 12:47:57 PM
From: sixty2nds
   of 13565
 
Hello Ian. I've been out of town with net off. I just did a quick search on Briefing.com. Earnings are scheduled for July 20 ATB, unconfirmed. The only other thing I found was dated 7/3.... ThinkEquity notes that the SIA (Semiconductor Industry Association) released its May's monthly report of worldwide semi sales on Friday, and the strongest device classes were NOR flash (INTC, SPSN, ATML) and Microcontrollers (MCHP, FSL, ATML), while the weakest were microprocessors (INTC, AMD). Disclosure. As of 6/08/06 I'm long ATML

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To: Ian@SI who wrote (13528)7/13/2006 12:57:50 PM
From: sixty2nds
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09:02 ATML Atmel to sell its Grenoble, France subsidiary (4.91 )

Co announced today that it has signed an agreement to sell its Grenoble, France subsidiary including the manufacturing facility for approximately $140 million in cash to e2v technologies plc, a British corporation, subject to the approval of e2v technologies' shareholders.

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To: sixty2nds who wrote (13530)7/13/2006 1:11:34 PM
From: JakeStraw
   of 13565
 
Business must not be so hot at Atmel if they're selling assets...

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To: JakeStraw who wrote (13531)7/13/2006 1:22:12 PM
From: Ian@SI
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not necessarily. If I remember correctly, ATML bought some French specialty chip company in the mid 90s complete with fab. Given the difficulty in laying off excess deadwood in France, the easiest way to deal with an obsolete fab and personnel would be to just dump the entire company; and move whatever operations one wants to sustain to the far east.

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To: Ian@SI who wrote (13532)7/13/2006 1:25:10 PM
From: JakeStraw
   of 13565
 
True, but if business was going gangbusters I'm sure they wouldn't be selling...

Anyone remember how much Atmel originally paid for their French operation?

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To: JakeStraw who wrote (13533)7/13/2006 1:46:52 PM
From: Ian@SI
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Sounds like the takeover offer caught you short ATML, long Puts or short Calls. Do you have some undisclosed position that compels you to post innuendo rather than fact or even analysis?

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To: Ian@SI who wrote (13534)7/13/2006 1:49:33 PM
From: JakeStraw
   of 13565
 
LOL! I haven't had a position in ATML since like '97 when it was actually a growing company. Hey, I posted my opinion which I'm certainly entitled to! Like I said, if business at Atmel was so good they would have no reason to sell assets and cut costs...

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