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

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To: hpeace who wrote (150)4/21/1997 10:55:00 PM
From: S. A. Foster   of 195
 
Steve, I agree. ATML is at a bottom somewhere around 23 unless the NASDAQ breaks through support at 1200 and takes it lower. ATML is a great buy at these prices. But with current market psychology, there is no hurry to jump in. I sold my small position in KMAG when earnings came out and am waiting "patiently" in cash to see whether the NASDAQ can hold 1200. I don't think it will. Good earnings continue to be viewed as a reason to sell.
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