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Technology Stocks : Atmel - the trend is about to change
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: cc rogers who wrote (9970)7/1/1999 6:02:00 PM
From: turbi  Read Replies (2) of 13565
 
Hi cc, and thanks for caring. As for stop orders, I'm not a good one to advise on it. I'm in this one for so long term that--and I'm serious on this point--I'm looking for $80 a share next year. If it drops back now but I continue to think that its long-term prospects look good, I may even pick up some more. But I have no sense of timing and don't want to take a chance on a stop order being executed and then having the price go through the roof. I've ridden this thing to 6, waited until I thought it was really turning around and then picked up some at 15+ and at 17+. It could go to 23, or maybe even lower. But I don't trust my ability to time moves sufficiently well to take the chance of "stop/selling" myself out of this stock, especially since I think its earnings will have turned around.

of course, if I'm wrong about the earnings, all bets are off. Cheers/t
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