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Technology Stocks Atmel - the trend is about to change

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From: Ian@SI	6/30/2006 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	of 13565

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	of 13565

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	of 13565

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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From: Ian@SI	7/13/2006 2:03:36 PM
	of 13565

sounds like a great deal to me... Atmel to Sell its Grenoble, France Subsidiary SAN JOSE, Calif., July 13 /PRNewswire-FirstCall/ -- Atmel(R) Corporation (Nasdaq: ATML), a global leader in the development and fabrication of advanced semiconductor solutions, 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. "This is an important step in Atmel's plan to consolidate its manufacturing operations as we continue to focus resources on our core technologies," said George Perlegos, Chairman and Chief Executive Officer. Keith Attwood, Chief Executive of e2v technologies commented, "We believe Atmel Grenoble is a great strategic fit for e2v and provides exceptional opportunities to extend our reach into existing market sectors with a broader range of products." Atmel will retain rights to its patented finger print scanning recognition technology. All other Grenoble products including image sensors and aerospace qualified microprocessors are included in the sale. The transaction is expected to be completed during Atmel's third quarter. Additional details will be provided by Atmel Corporation during its Q2 earnings conference call on July 25, 2006.

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To: Ian@SI who wrote (13536)	7/13/2006 2:06:31 PM
From: JakeStraw	of 13565

Why is it such a great deal? Do you even know what they originally paid for that operation?

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