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: Daniel Gilbert who wrote (992)	8/21/1996 12:06:00 PM
From: Knighty Tin	of 13565

Daniel, I don't short. I buy puts so I can never lose much money if I happen to be too early (shorthand for wrong) on a stock. When my opinions become popular, I get nervous. But the bearish notes here are mostly mine and most other notes tend to be unswervingly bullish. Technicals mean nothing, they are like looking at astrology charts or bird guts. Fundamentals currently look horrible for most semis, but fairly good for Atmel. That is why it is my favorite semi put stock. The glut has yet to catch them, and I believe it will. Also, my longs are so leveraged that any uptick in the semi bowwows will be more than matched by my other holdings, or at least they have during the current SR. MB

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