ATML's future Message Board

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Technology Stocks : ATML's future

ATML 8.140

0.0%

Apr 12 5:00 PM EST

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To: Dana Breite who wrote (176)	5/2/1997 4:01:00 PM
From: Chris	of 195

Hi Dana--You're right about the lack of response to the upgrade. It really is disappointing to watch ATML go down while most of the other tech stocks are rising. I keep a watch portfolio of 12 techs on Yahoo and ATML is the only one during the last 2 days to lose pts--all the rest are up! It has to be due to poor earnings projections. Instead of forecasting increasing earnings, analysts keep cutting ATMLs earnings. I will continue to hold ATML because I am a long term investor and I still believe that in the long run the company will again return handsome profits. All we can hope for now is that ATML will pull a grand surprise (to the plus side) next quarter. Unfortunately, I don't really think that is going to happen that quick because they are in the midst of an expansion. I am down 21% in ATML, but I am slightly ahead in my purchases for 97. Picked up CPQ at 78 7/8 last week. I think the tech sector is finally beginning to turn upward again. Its nice to watch one go up, instead of down for a change!!! What do you think about NSCP, by the way? Good luck to you too.

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