Is this a stupid question or what?
Why is atml hitting new lows? Could it be in trouble? It appears something's going on. It never gets a break. Not even a tiny break. Doesn't look good......... In my opinion it doesn't want to hit sell stops. That is why atml is acting horrible to me at this time.
I believe the pull back was because of lack lusting PC industry sales.
Dell's earning yesterday were terrible, Microsoft is blaming the PC industry lack of inovation and good designs.
And I agree I went by the computer store and all what you see is the same old models with Windows 8 push inside. Who want's that?
Surface is oing ok but Surface is not a PC is just a Windows RT mobile device.
The PC industry is waiting for Surface Pro that is a full feature PC with legacy software compatibility.
Even worst Apple is looking to gain good because many people are intimidated by Windows 8 and would rather just go Mac.
So PC sales are down until someone can come up with a good design or Surface RT Pro comes out.
Atmel depends heavily on Windows 8 success but it is having a slow start like UBS said a few months ago :( and I didn't believe it :( .
Just keep buying, many factors are in the table that will push Atmel up, This is fact a great bying oportunity.
Windows 8 will catch up, the expensive European foundry contract that is eating Atmel's margin will end in June and xSense volume ramp up will make Atmel a winner.
Buy Buy buy