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: Vikas who wrote (89)	9/13/1996 8:02:00 PM
From: grace	of 200

A huge number of shorts may be rally pushing the stocks. As Vikas mentioned, ATML seems only the tech stock I can find which more insiders are buying during this year. On 5/28 and 7/16, P. Thomas, director bought 150K at $30.875 and 100K shares at 24.962, while most of tech company insiders were selling during this period. Interesting. I also checked Zack's report. Currently, there are 7 strong buys, 6 moderate buys, 1 hold, and none for sell. Earning estimate for this quarter is $0.52 like First call. P/E ratio for this industry is 15.30 while ATML hangs around 12. I do not see any further down pattern yet, except today's down. Hope ATML rebounds on next week which it did not make today. Good Luck

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