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Technology Stocks : Atmel - the trend is about to change
ATML 8.1400.0%Apr 12 5:00 PM EST

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To: im a survivor who wrote (13156)9/25/2003 1:00:45 PM
From: Dave O.  Read Replies (1) of 13565
 
< Down on down days, down on up days. >

I think the recent run up in the indices have caused a lot of people to think and/or expect that the markets will go straight up. For the record, the SOX was at 289 on 12/31/02 and is today at 443. So it's up 53% YTD. Meanwhile, ATML closed out last year at $2.23 and is trading at $4.28 right now, UP 92% for the year. Not too shabby for ATML. Personally I thought it was a great short above $5 due to the run up. My only current position is long at about $3.
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