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

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To: Chris who wrote (175)5/2/1997 3:06:00 PM
From: Dana Breite   of 195
 
The upgrade doesn't seem to be helping ATML nearly as much as the downgrade hurt them. I own shares in 16 different companies, and ATML is the only one that is down today. The Naz is having a huge party, but ATML isn't even there. Right now I have a paper loss of 31% in ATML. I will keep the shares I have in the hopes that ATML can recover (i.e. no more bad news and earnings downgrades), but right now I'm glad that I did not average down. (I bought zero coupon Treasuries at 7.3% instead.) Even some of ATML biggest supporters on this and the other ATML thread seem to always be hedging their bets with puts. This also is not a good sign. Perhaps other investors feel the same way I do: "Once bitten, twice shy." Even if ATML does recover, it seems like it'll be very slow in coming. Best of luck to you all, Dana
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