I prefer CY to ATML, If you had to choose one at this juncture. ATML has a much bigger head wind re Tablets. Their over all rev in touch for tablets vs CY was 6 times, and no one has had any sell through on Tablets. At this point it is all about the IPad. In my opinion CY will have some good design wins the remainder of the year. But I don't necessarily see ATML and Synaptics as CYs biggest competitor. I see Apple, since they continue to grow share and every phone or I Pad is one phone away from CY. Don't get me wrong, I haven't sold any of my shares (ave 15.21) I learned a long time ago when a company goes thru a pre- announced qtr they bounce back. The problem now is the market and especially the NAZ is crap. The market as well as stocks gets over bought ( 1st qtr) and gets over sold hopefully soon. But one never knows do we !
Original Poster: First off I don't believe your story. If it were true, then you are a fool for investing your family treasurer in a single stock. Secondly, anyone with a pulse knows that Cramer is full of sh+t and if you bought CY based soley on his advice then you deserve what you get.