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Technology Stocks : ATML's future
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: Rob S. who wrote (78)4/5/1997 2:36:00 AM
From: Vikas   of 195
 
Rob,

Sorry for getting back to you so late...I'm actually very happy
that this new thread is up and running. First of all, did you just
call up Kris or do you know him in some other way? For him to tell
anyone that one of the major problems which caused the downgrade
is behind the company is quite interesting. If it is indeed true
and he mentions this in the press release on Thursday morning, then
we will most likely see 30+ by Friday (in fact, with the improved
tone in the technology sector these past 2 days, I would not be
surprised to see ATML trading around the 27-28 mark by Wednesday's
close in anticipation of the announcement). Although I usually have
a win-win option strategy setup before earnings announcements, I
have yet to decide on a plan for next week (perhaps just purchase
PUTs if/when the stock rallies pre-earnings just in case...you can
never be sure what may or may not happen afterward since Wall Street
is quite irrational in its thinking nowadays).

Vikas
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