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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: JakeStraw who wrote (4566)7/12/2001 9:45:08 AM
From: Esway  Read Replies (3) of 5499
 
well how long does this rally last 2 hours, today, 2 days, or just plain 2 late?? Guess better late than never though..........Atml trying to buck it's negative start after their warnings last night. Couple of downgrades on it this morning:

<<Atmel Corp (ATML) 10.89: Morgan Stanley downgrades to NEUTRAL from Outperform following earnings warning last night. Believes that weaker demand rather than significantly lower pricing contributed to most of the q/q revenue decline. However, believes that pricing pressure will likely escalate in the next couple of qtrs>>
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