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Technology Stocks : ATMEL - w/o MB
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: Alan Wojtalik who wrote (8)7/22/1996 4:46:00 PM
From: Tom Cannon   of 200
 
I own ATMEL and have noticed the same "non performance".
It does not surprise me because tech stocks in general and semi stocks
in particular, are just not in favor with the market right now.
I have seen this happen before and have learned not to become too
concerned about it. Perhaps in the second half of the year,if the tech
sector comes back into favor, quality stocks like ATMEL will be in
demand and selling at significantly higher prices. From all present
indications there is a lot of evidence that supports a general rally
in the tech sector prior to the end of the year. Until that rally
happens I believe that ATML will just hang out around 20 to 30.
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