Atmel - the trend is about to change Message Board

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Technology Stocks : Atmel - the trend is about to change

ATML 8.140

0.0%

Apr 12 5:00 PM EST

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To: Dave O. who wrote (13471)	10/14/2004 12:27:38 PM
From: im a survivor	Read Replies (1) of 13565

Man this is one ugly chart on ATML.....major indices have held up well...many of atml's peers have held up well...but ATML itself is closing in quickly on it's 52 week low and if earnings/guidance is very poor, we could be looking at it's all time low back under $1.... Seems like they keep coming out with nice, new products..... but, none of that matters unless the company executes. Oh well, I'll still hold the shares I have and hope for the best, but am definatly wishing I had sold more when I sold some at about $7....at that point I didnt want to sell more cause I thought atml was heading back above $10, so I only sold some..obviously, in hindsight I wish I had sold all before it got cut in half....and now, I hope I dont look back in hindisght a year or 2 from now and wish I had sold it all at $3 <g>...but the chart sure does look ugly....2 steps down, one teeny step up, but overall, it's a steep downward slope and I just dont see much resistance anywhere.....I sure hope the warning they issued is already factored in and when they announce the numbers we dont get hit too hard...but, I suspect any negative talk during the CC will send this down quickly...so lets hope they have a positive tone in the CC!

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