Atmel - the trend is about to change Message Board

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Technology Stocks : Atmel - the trend is about to change

ATML 8.140

0.0%

Apr 12 5:00 PM EST

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To: Michael Sphar who wrote (8000)	3/10/1998 11:46:00 AM
From: Frank Chen	of 13565

Michael, I think the stock could go even lower in the weeks before earning. Just look at the kind of nervousness in this "earning warning" month. I won't be surprised that ATML goes to 13 if more bad news comes from another big tech company. So, I'll wait. Besides, I think the best the company can do in this quarter is 0.33/sh before charges. It's not going to excite the street. But if 0.33/sh is reported, I think that's an indication of turning around and I'll buy at whatever price. However, there's a chance that it'll see a revenue decrease, then the stock could go to 8-10 in very short time. So, safer to be late than too early. Frank

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