William Chops Westfield <PICLIST@MITVMA.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 - fastfwd@ix.netcom.com
=== Fast Forward Engineering - Vista, California
=== http://www.geocities.com/SiliconValley/2499