ATMEL - w/o MB Message Board

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Technology Stocks : ATMEL - w/o MB

ATML 8.140

0.0%

Apr 12 5:00 PM EST

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To: JakeStraw who wrote (88)	9/13/1996 7:10:00 PM
From: Vikas	of 200

Garcia, It's definitely amazing how Atmel is dropping in a huge up-market. Makes you wonder what is going on "behind the scenes". There have been no warnings from the company about 3rd quarter, which leads me to believe it will be fine (probably above estimates, as usual). As distressing as this is, I am holding on and keeping my fingers crossed (not much more you can do at this point). Since their insiders are still buying up shares in this downturn, we have to have some confidence I suppose...several friends I have at Atmel bought a large number of shares today, as they are confident that business is still booming, especially in the Orient. Technically speaking, we need a close above 27 to change the trend. The last figure I heard for the number of shorts was 10 million. This is a fact that will cause the stock to jump if/when any good news is finally released. Vikas

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